United States Short Oil Fund, LP

United States Short Oil Fund, LP is an exchange traded fund launched and managed by United States Commodity Funds LLC. The fund invests in commodity markets of the United States. It takes short positions and uses derivatives such as future contracts to invest in light sweet crude oil. The fund employs market neutral strategy to create its portfolio. It seeks to track the inverse of daily changes, in percentage terms, of the spot price of WTI light, sweet crude oil. United States Short Oil Fund, LP was formed on June 30, 2008 and is domiciled in the United States.