RE:HOURead all Mat previous posts, you will find youy answer.
Bascally, HOU is not following Crude anymone, it needs to get closer to NAV and NAV is way cheaper right now.
The price of HOU is set between buyers and sellers till it gets even with NAV.
That's how I see it.
And it also move 1X instead of 2X They changed the rules along the way so that this ETF survives.
Beware of the 20 to 1 reverse split coming up soon.
I manage to bring my average price to $2.98
I have been drowning iin this mess recently like quite a few here.
Bummer but we shall learn from our mistakes. DS