ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report) shares dropped 2.9% on Thursday . The company traded as low as $30.15 and last traded at $30.23. Approximately 13,944,584 shares traded hands during trading, a decline of 55% from the average daily volume of 31,115,725 shares. The stock had previously closed at $31.14.
ProShares UltraPro Short QQQ Stock Up 0.6 %
The company's fifty day moving average is $32.10 and its two-hundred day moving average is $37.94.
ProShares UltraPro Short QQQ Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.8168 dividend. This is a positive change from ProShares UltraPro Short QQQ's previous dividend of $0.75. The ex-dividend date was Monday, December 23rd.
Institutional Investors Weigh In On ProShares UltraPro Short QQQ
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL acquired a new position in shares of ProShares UltraPro Short QQQ during the 2nd quarter worth about $29,000. International Assets Investment Management LLC bought a new stake in ProShares UltraPro Short QQQ in the second quarter valued at approximately $41,000. Jeppson Wealth Management LLC bought a new stake in ProShares UltraPro Short QQQ in the second quarter valued at approximately $88,000. TFB Advisors LLC acquired a new stake in ProShares UltraPro Short QQQ in the third quarter worth $131,000. Finally, CWA Asset Management Group LLC bought a new position in shares of ProShares UltraPro Short QQQ during the third quarter worth $133,000.
ProShares UltraPro Short QQQ Company Profile
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ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.
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