United States 3x Short Oil Fund

Exchange: IEX   Type: Common Stock
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Key Statistics
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United States 3x Short Oil Fund Performance
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About United States 3x Short Oil Fund

The investment seeks the daily changes in percentage terms of its shares per share NAV to reflect three times the inverse of the daily change in percentage terms of the price of a specified short-term futures contract on light, sweet crude oil (the Benchmark Oil Futures Contract) less the funds expenses. USCF will endeavor to have the notional value of the funds aggregate short exposure to the Benchmark Oil Futures Contract at the close of each trading day approximately equal to 300% of the funds NAV. The Benchmark Oil Futures Contract is the futures contract on light, sweet crude oil as traded on the NYMEX, traded under the trading symbol CL.

Real-time USOD to USD Trade Analysis on IEX
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