ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $28.10, but opened at $29.03. ProShares UltraPro Short QQQ shares last traded at $28.37, with a volume of 18,808,872 shares traded.
ProShares UltraPro Short QQQ Stock Down 1.0 %
The firm's fifty day moving average is $29.36 and its 200-day moving average is $35.37.
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 dividend of $0.8168 per share. This is a boost from ProShares UltraPro Short QQQ's previous dividend of $0.75. The ex-dividend date of this dividend was Monday, December 23rd.
Institutional Trading of ProShares UltraPro Short QQQ
Several hedge funds and other institutional investors have recently bought and sold shares of the company. 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 acquiring an additional 1,119,452 shares in the last quarter. RBF Capital LLC boosted its holdings in ProShares UltraPro Short QQQ by 230.7% in 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 during the period. Smithfield Trust Co boosted its holdings in ProShares UltraPro Short QQQ by 138.8% in the third 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 during the period. Sollinda Capital Management LLC acquired a new stake in shares of ProShares UltraPro Short QQQ during the fourth quarter worth $13,933,000. Finally, Kovitz Investment Group Partners LLC acquired a new stake in shares of ProShares UltraPro Short QQQ during the third quarter worth $1,848,000.
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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