Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $38.80, but opened at $36.96. ProShares UltraPro Short QQQ shares last traded at $37.20, with a volume of 21,957,333 shares traded.
ProShares UltraPro Short QQQ Price Performance
The business has a fifty day simple moving average of $30.48 and a 200-day simple moving average of $33.57.
ProShares UltraPro Short QQQ Increases Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.8168 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from ProShares UltraPro Short QQQ's previous dividend of $0.75.
Institutional Investors Weigh In On ProShares UltraPro Short QQQ
A number of institutional investors have recently added to or reduced their stakes in the business. Peoples Bank KS acquired a new position in shares of ProShares UltraPro Short QQQ during the fourth quarter worth $62,000. Centerpoint Advisors LLC lifted its holdings in ProShares UltraPro Short QQQ by 20.0% during the 4th quarter. Centerpoint Advisors LLC now owns 6,000 shares of the company's stock worth $187,000 after buying an additional 1,000 shares during the period. World Investment Advisors LLC grew its position in shares of ProShares UltraPro Short QQQ by 51.0% in the 3rd quarter. World Investment Advisors LLC now owns 28,000 shares of the company's stock valued at $207,000 after buying an additional 9,463 shares during the last quarter. Foundations Investment Advisors LLC acquired a new stake in shares of ProShares UltraPro Short QQQ in the fourth quarter valued at about $360,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of ProShares UltraPro Short QQQ during the fourth quarter worth about $423,000.
About ProShares UltraPro Short QQQ
(
Get Free Report)
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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