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United States Short Oil Fund

Name of ETF: United States Short Oil Fund

Ticker Symbol: DNO

Daily Target: -1x

Underlying Commodity Exposure: This ETF is designed to move in the opposite direction as the price of West Texas Intermediate light, sweet crude oil delivered to Cushing, Oklahoma.  If the price of West Texas Intermediate light, sweet crude oil delivered to Cushing, Oklahoma goes up, the ETN is designed to go down. If the price of West Texas Intermediate light, sweet crude oil delivered to Cushing, Oklahoma goes down, the ETN is designed to go up.

Related Links:

List of Crude Oil ETFs and ETNs

United States Commodity Funds Website