ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $36.22, but opened at $33.78. ProShares UltraPro Short QQQ shares last traded at $34.86, with a volume of 26,041,712 shares.
ProShares UltraPro Short QQQ Stock Up 0.3 %
The firm's fifty day simple moving average is $35.64 and its 200 day simple moving average is $33.28.
ProShares UltraPro Short QQQ Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th were given a dividend of $0.4823 per share. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $1.93 dividend on an annualized basis and a yield of 4.99%.
Hedge Funds Weigh In On ProShares UltraPro Short QQQ
Large investors have recently modified their holdings of the business. IMC Chicago LLC bought a new stake in shares of ProShares UltraPro Short QQQ in the 1st quarter valued at $17,319,000. Sollinda Capital Management LLC bought a new stake in ProShares UltraPro Short QQQ in the fourth quarter worth approximately $13,933,000. Squarepoint Ops LLC acquired a new position in shares of ProShares UltraPro Short QQQ during the 4th quarter valued at $7,334,000. Barclays PLC boosted its position in shares of ProShares UltraPro Short QQQ by 157.8% during the 3rd quarter. Barclays PLC now owns 203,395 shares of the company's stock worth $1,503,000 after purchasing an additional 124,500 shares in the last quarter. Finally, DRW Securities LLC bought a new position in ProShares UltraPro Short QQQ in the fourth quarter worth approximately $3,155,000.
ProShares UltraPro Short QQQ Company Profile
(
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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