What is HND.TO stock and how does it work?

HND.TO stock is the BetaPro Natural Gas Inverse Leveraged Daily Bear ETF on the TSX. It targets **-2x** the daily return of an index of natural gas futures and resets daily, so it is intended for short-term tactical trading and hedging.

Why did HND.TO stock drop sharply pre-market?

HND.TO stock fell because front-month natural gas futures moved higher, pushing inverse leveraged exposure lower. Heavy volume **(24,891,088.00)** indicates active short-term repositioning and higher intraday volatility.

What is the Meyka AI forecast for HND.TO stock?

Meyka AI's forecast model projects a **yearly price of CAD 1.91** and a **monthly price of CAD 2.89**. The yearly projection implies about **-30.00%** from the current **CAD 2.73**. Forecasts are model-based projections and not guarantees.

Is HND.TO stock suitable for long-term investors?

No. HND.TO stock is a daily-resetting, leveraged inverse ETF designed for short-term tactical use. Long-term holding can produce returns that deviate substantially from the expected **-2x** exposure due to path dependency and compounding.

CA Stocks

HND.TO down 24% pre-market on TSX 02 Feb 2026: heavy volume tactical signal

ByDanny Kontos February 2, 2026February 2, 2026

HND.TO stock opened the pre-market on TSX sharply lower after a surge in natural gas futures volatility. The BetaPro Natural Gas Inverse Leveraged Daily Bear ETF (HND.TO) is trading at CAD 2.73, down -24.38% from the previous close, with volume at 24,891,088.00 shares. This move has drawn heavy attention from short-term and tactical traders because HND.TO is a 2x inverse daily fund that resets each day. We review price action, technical signals, Meyka AI modelling, and trading risks for pre-market most-active readers.