Production Cuts an Issue for Coal ETF
May 01, 2018 at 10:32 AM EDT
The VanEck Vectors Coal ETF (NYSEArca: KOL) is down nearly 3% year-to-date, an undoubtedly disappointing performance after the lone coal exchange traded fund surged last year. Domestic coal companies are grappling with slack production. With U.S. demand for coal in question, producers may be forced...