|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||52.45 - 63.70|
|52 Week Range||42.00 - 372.95|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-59.14%|
|Beta (5Y Monthly)||4.98|
|Expense Ratio (net)||0.75%|
Deutsche Bank announced today the automatic acceleration of the DB Crude Oil Double Short Exchange Traded Notes due June 1, 2038 (DTO), due to the repurchase value on May 18, 2020 being zero.
The coronavirus outbreak is keeping oil traders on their toes with the most bearish ones benefiting in Monday's trading session as oil prices retreated. Traders are sensing the virus outbreak would tamp down demand for oil in China. In Monday's trading session, Brent crude fell 64 cents--1.17%--to $53.85 a barrel, and U.S. West Texas Intermediate dipped 47 cents, or 0.9%, to hit $49.87 per barrel.
The spread of China's coronavirus has hurt oil prices and benefited inverse oil ETFs.