BetaPro Crude Oil Daily Bull ETF (TSE:HOU) Trading 11.1% Higher – Should You Buy?

BetaPro Crude Oil Daily Bull ETF (TSE:HOUGet Free Report) shot up 11.1% during mid-day trading on Thursday . The stock traded as high as C$29.20 and last traded at C$29.03. Approximately 1,384,752 shares changed hands during trading, a decline of 33% from the average daily volume of 2,065,631 shares. The stock had previously closed at C$26.12.

BetaPro Crude Oil Daily Bull ETF Price Performance

The stock’s 50-day moving average is C$19.91 and its 200 day moving average is C$20.28.

BetaPro Crude Oil Daily Bull ETF Company Profile

(Get Free Report)

In order to achieve its investment objective, ETF may invest all or a portion of its portfolio in equity securities, interest bearing accounts and TBills and/or other financial instruments, including derivatives such as futures contracts, options on futures contracts, forward contracts, swap agreements, options on securities and indices, or any combination of the foregoing. HOU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (2 percent) the daily performance of the Horizons Crude Oil Rolling Futures Index.

Further Reading

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