United States Short Oil Fund issues shares traded on the NYSE Arca, Inc. Co.'s net assets consist of investments 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 that are traded on the New York Mercantile Exchange, ICE Futures or other U.S. and foreign exchanges and, to a lesser extent, in order to comply with regulatory requirements or in view of market conditions, other crude oil-related investments such as cash-settled options on Futures Contracts, forward contracts for crude oil, cleared swap contracts and non-exchange traded over-the-counter transactions. We show 9 historical shares outstanding datapoints in our coverage of DNO's shares outstanding history.
Understanding the changing numbers of DNO shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like DNO versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching DNO by allowing them to research DNO shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
