Bullboard - Stock Discussion Forum BetaPro Natural Gas Inverse Lever Daily Bear ETF T.HND

Alternate Symbol(s): HBNNF

HND's investment objective was changed after gaining approval at a meeting of shareholders on August 20, 2020 and the name of the ETF was changed to the BetaPro Natural Gas Inverse Leveraged Daily Bear ETF. HNDs new investment objective, which became effective at the close of business on August 27, 2020, is to seek daily investment results, before fees, expenses, distributions, brokerage... see more

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BetaPro Natural Gas Inverse Lever Daily Bear ETF > Bullish

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Post by dooklar on May 16, 2024 10:56am

Bullish

<span style="color: rgb(209, 212, 220); font-family: -apple-system, BlinkMacSystemFont, "Trebuchet MS", Roboto, Ubuntu, sans-serif; font-size: 20px; background-color: rgb(0, 0, 0);">natural gas futures extend gains as a smaller-than-expected increase in inventories last week reduced the storage surplus, the EIA reports. Natural gas in underground storage increased by 70 billion cubic feet to 2,633 Bcf as of May 10, which was 620 Bcf or 31% above the five-year average for the week, according to the data. The week before the surplus was 33% above average. Analysts in a Wall Street Journal survey had predicted an increase of 79 Bcf. Natural gas is up 3.6% at $2.503/mmBtu.</span>