Is it possible for HEU to climb back to even $12 rHow come all these shorting ETFs, e.g. HED, HOD, HMD, etc, can go from mid single digits to over $30 and $40s while the bull ETFs seem to struggle. Take HED for example, it recently dropped from $40 to $20 but HEU did not double over the same period.
So my question is, can HEU go back to the teens range given that it's dropped from $30 to now $3 range? The reason for my asking is because obviously HED has tripled and quadrapled from its low and the energy companies have only dropped 50% to 60% of their value so HED should really just have slightly doubled.