BetaPro Crude Oil Daily Bull ETF (TSE:HOU) Stock Price Up 9.4% – Should You Buy?

Shares of BetaPro Crude Oil Daily Bull ETF (TSE:HOUGet Free Report) were up 9.4% during mid-day trading on Thursday . The stock traded as high as C$16.50 and last traded at C$15.74. Approximately 2,454,673 shares changed hands during mid-day trading, an increase of 169% from the average daily volume of 913,019 shares. The stock had previously closed at C$14.39.

BetaPro Crude Oil Daily Bull ETF Stock Performance

The stock’s 50 day moving average price is C$10.45 and its 200 day moving average price is C$9.96.

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.

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