BetaPro Crude Oil Daily Bull ETF (TSE:HOU) Trading 5% Higher – Here’s Why

BetaPro Crude Oil Daily Bull ETF (TSE:HOU) shares traded up 5% during mid-day trading on Thursday . The company traded as high as C$21.25 and last traded at C$20.48. 2,764,828 shares were traded during mid-day trading, an increase of 37% from the average session volume of 2,021,002 shares. The stock had previously closed at C$19.51.

BetaPro Crude Oil Daily Bull ETF Price Performance

The business has a 50-day moving average of C$17.72 and a 200-day moving average of C$12.29.

BetaPro Crude Oil Daily Bull ETF Company Profile

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.