ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report)'s share price gapped down before the market opened on Thursday . The stock had previously closed at $31.10, but opened at $30.28. ProShares UltraPro Short QQQ shares last traded at $30.63, with a volume of 10,105,788 shares traded.
ProShares UltraPro Short QQQ Stock Performance
The firm has a 50 day simple moving average of $33.34 and a two-hundred day simple moving average of $39.06.
ProShares UltraPro Short QQQ Increases Dividend
The company also recently declared a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were given a dividend of $0.7475 per share. This is a positive change from ProShares UltraPro Short QQQ's previous dividend of $0.16. The ex-dividend date was Wednesday, September 25th.
Hedge Funds Weigh In On ProShares UltraPro Short QQQ
Several hedge funds have recently modified their holdings of the company. Strategic Investment Solutions Inc. IL purchased a new stake in shares of ProShares UltraPro Short QQQ during the second quarter valued at approximately $29,000. International Assets Investment Management LLC bought a new stake in shares of ProShares UltraPro Short QQQ during the 2nd quarter worth $41,000. Jeppson Wealth Management LLC purchased a new position in shares of ProShares UltraPro Short QQQ in the 2nd quarter worth about $88,000. TFB Advisors LLC bought a new position in ProShares UltraPro Short QQQ during the third quarter valued at about $131,000. Finally, CWA Asset Management Group LLC purchased a new stake in ProShares UltraPro Short QQQ during the third quarter worth about $133,000.
About ProShares UltraPro Short QQQ
(
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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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