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Bullboard - Stock Discussion Forum BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs investment objective, is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times 200 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains... see more

TSX:HNU - Post Discussion

BetaPro Natural Gas Leveraged Daily Bull ETF > 1:2400000 effective reverse split?
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Post by CrazyTrader on Feb 20, 2024 9:44am

1:2400000 effective reverse split?

If you combine all the reverse splits over the years I think it comes to effectively 1:2,400,000!

I went to yahoo, their charts shows splits going all the way back, although it seems to be not displaying current split of 1:15, so I'm not sure how accurate the chart is... 

1:15 2023
1:5   2020
1:5   2019
1:10 2015
1:4   2012
1:4   2011
1:2  2010
1:5  2009
1:4  2009

Combine effective reverse split I believe is 1:2,400,000.       

Could be wrong, don't know how accurate info is as yahoo chart fails do display most recent consolidation.  

Anyways, all just my opinion/view/thinking/guessing/calculating.... could be wrong.....  Still watching, don't know if I will try to trade even at these low NatGas prices.
Comment by CriticalMind55 on Feb 20, 2024 9:57am
Did you just learn about leveraged funds?
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