United States Short Oil Fund LP (DNO)

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Fund Description

The investment seeks to replicate, net of expenses, the inverse percentage changes of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma. It will be measured by the changes in the price of the futures contract on light, sweet crude oil as traded on the NYMEX that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case the futures contract will be the next month contract to expire, less expenses.

Fund Snapshot Updated 05.16.2013

Previous Close $36.68 Expense Ratio 0.60%
YTD Return 3.3% Avg. 30-Day Volume 19,859
1-Year Return 4.8% Market Cap Loading...
Bid $36.69 Shares Outstanding 550,000
Ask $36.71 Dividends $0.00
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