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 $29.84, but opened at $28.90. ProShares UltraPro Short QQQ shares last traded at $28.58, with a volume of 9,165,861 shares trading hands.
ProShares UltraPro Short QQQ Stock Down 3.5 %
The stock's 50 day moving average is $31.75 and its two-hundred day moving average is $37.69.
ProShares UltraPro Short QQQ Increases Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.8168 per share. The ex-dividend date was Monday, December 23rd. This is an increase from ProShares UltraPro Short QQQ's previous dividend of $0.75.
Institutional Trading of ProShares UltraPro Short QQQ
A number of hedge funds have recently bought and sold shares of the stock. IMC Chicago LLC grew its position in shares of ProShares UltraPro Short QQQ by 40.6% in the 3rd quarter. IMC Chicago LLC now owns 3,875,258 shares of the company's stock worth $28,638,000 after buying an additional 1,119,452 shares during the last quarter. RBF Capital LLC increased its position in shares of ProShares UltraPro Short QQQ by 230.7% during the third quarter. RBF Capital LLC now owns 1,671,427 shares of the company's stock worth $12,352,000 after purchasing an additional 1,166,014 shares in the last quarter. Smithfield Trust Co boosted its position in shares of ProShares UltraPro Short QQQ by 138.8% in the 3rd quarter. Smithfield Trust Co now owns 764,000 shares of the company's stock worth $5,645,000 after purchasing an additional 444,000 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new position in ProShares UltraPro Short QQQ during the 3rd quarter worth $1,848,000. Finally, Barclays PLC grew its stake in 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 buying an additional 124,500 shares during the last quarter.
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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