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United States Short Oil Fund

46.08
+0.0000
Volume:- -
Turnover:- -
Market Cap:9.22M
PE:17.69
High:46.08
Open:46.08
Low:46.08
Close:46.08
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Company Profile

Company Name:
United States Short Oil Fund
Exchange:
ARCA
Establishment Date:
- -
Employees:
- -
Office Location:
- -
Website:
- -
Zip Code:
- -
Phone:
- -
Fax:
- -
Introduction:
The investment seeks the daily changes in percentage terms of its shares’ per share net asset value (“NAV”) to inversely reflect the daily changes in percentage terms of the spot price of West Texas Intermediate (“WTI”) light. The fund seeks to achieve its investment objective by investing in short positions in futures contracts for WTI light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas and other petroleum-based fuels. The Benchmark Futures Contract is the futures contract on WTI light, sweet crude oil as traded on the New York Mercantile Exchange (the “NYMEX”).