Market Closed 22 Jan 2026: HND.TO BetaPro Gas Inverse (TSX) C$4.66 most active
HND.TO stock closed the TSX session at C$4.66, trading as the day’s most active name on 22 Jan 2026 with 19,428,659.00 shares changing hands. Volume was roughly 4.53x the daily average, pushing a 2.64% intraday gain from an open of C$4.17. This surge reflects short-term flows tied to natural gas futures moves and shows why HND.TO is being used as a tactical short-duration trade rather than a long-term holding.
HND.TO stock: Market snapshot
HND.TO (BetaPro Natural Gas Inverse Leveraged Daily Bear ETF) closed at C$4.66 on the TSX. The intraday range was C$4.06–C$4.71 and the previous close was C$4.54. Market cap sits at C$39,731,444.00 with 8,526,061 shares outstanding. The 52-week range is C$4.06–C$11.39, and price sits materially below the 50-day (C$7.10) and 200-day (C$7.74) averages, underlining recent weakness.
Trading drivers and sector context
Natural gas front-month futures drove the intraday move as traders positioned for short-term price swings. HND.TO is a 2x inverse daily product that tracks natural gas futures exposure, so short-term moves in futures cause amplified price action in the ETF. For real-time futures context see Investing.com natural gas data source. Broader market commentary and fund flow searches are available via Markets Insider source.
Technicals and liquidity for HND.TO stock
Technicals show neutral-to-mild bullish momentum: RSI 54.89, MACD histogram 0.11, and Stochastic %K 74.76. Volatility is elevated with ATR 0.74 and Bollinger band width wide versus the mid band, signaling potential large intra-day swings. Liquidity is strong today: volume 19,428,659.00 versus average 4,291,938.00, giving a relative volume of 4.53 and enabling sizable trade execution. The ETF trades well below its 50- and 200-day moving averages, which indicates the medium-term downtrend remains intact.
Meyka AI grade and forecast for HND.TO stock
Meyka AI rates HND.TO with a score out of 100: 62.70 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a near-term target of C$5.87. Versus the current price of C$4.66, that implies an upside of 25.97%. Forecasts are model-based projections and not guarantees.
Risk, strategy and suitability
HND.TO is a leveraged inverse ETF that resets daily; holding longer than a trading session can produce amplified tracking error due to compounding, contango and roll cost in futures. This product suits short-term tactical trading, hedging or intraday speculation, not buy-and-hold. Key risks include large volatility, rapid losses in a rising natural gas market, and liquidity shifts during stressed sessions. Position sizing and stop rules are essential for traders using HND.TO.
Price targets, scenarios and analyst insight
Scenario targets: Bull short-term target C$8.00 (implied +71.67%), Base short-term target C$5.87 (implied +25.97%), Bear scenario C$1.15 (model yearly forecast, implied -75.35%). These scenarios reflect amplified outcomes from natural gas moves and the ETF’s 2x inverse structure. Analysts and active traders should monitor natural gas contango/backwardation, front-month liquidity and daily roll costs. For quick reference see the HND.TO quote page on Meyka: HND.TO on Meyka.
Final Thoughts
HND.TO stock closed the TSX session at C$4.66 on 22 Jan 2026 with exceptional volume of 19,428,659.00 shares, marking it among the market’s most active names. Short-term model output from Meyka AI points to a near-term level of C$5.87, an implied 25.97% upside versus the close, but the product’s 2x inverse daily reset makes hold-period outcomes highly path dependent. Technicals look mixed: momentum indicators are neutral while price sits below 50- and 200-day averages. Traders should treat HND.TO as a tactical instrument for short windows, size positions carefully, and monitor natural gas futures and roll conditions. Forecasts are model-based projections and not guarantees. Use strict risk controls if trading HND.TO and consult detailed product docs for leveraged ETF mechanics.
FAQs
What is HND.TO stock and how does it work?
HND.TO is the BetaPro Natural Gas Inverse Leveraged Daily Bear ETF on the TSX. It returns approximately 2x the inverse of daily moves in a natural gas futures index. It resets daily, so results for multi-day holds can differ from 2x exposure.
What drove HND.TO’s high volume on 22 Jan 2026?
Heavy trading followed short-term swings in natural gas front-month futures and tactical flows into inverse leveraged products. Volume hit 19,428,659.00, about 4.53x the average, as traders repositioned ahead of expected weather and supply reports.
What is the Meyka AI forecast and recommendation for HND.TO?
Meyka AI’s forecast model projects a near-term level of C$5.87, implying 25.97% upside versus C$4.66. Meyka AI rates HND.TO 62.70 (Grade B) and suggests HOLD. Forecasts are projections and not guarantees.
Is HND.TO suitable for long-term investors?
No. HND.TO is designed for short-term tactical trading or hedging. Its daily leveraged inverse reset and futures roll mechanics make it unsuitable for buy-and-hold strategies due to potential compounding and tracking errors.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
