ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $31.83, but opened at $32.98. ProShares UltraPro Short QQQ shares last traded at $32.93, with a volume of 11,495,989 shares.
ProShares UltraPro Short QQQ Stock Performance
The business has a 50 day moving average of $31.31 and a 200 day moving average of $37.37.
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 paid a $0.8168 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from ProShares UltraPro Short QQQ's previous dividend of $0.75.
Hedge Funds Weigh In On ProShares UltraPro Short QQQ
A number of hedge funds and other institutional investors have recently made changes to their positions in SQQQ. IMC Chicago LLC raised its stake in ProShares UltraPro Short QQQ by 40.6% during 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 period. RBF Capital LLC raised 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 during the period. Smithfield Trust Co lifted its holdings in shares of ProShares UltraPro Short QQQ by 138.8% during the 3rd quarter. Smithfield Trust Co now owns 764,000 shares of the company's stock valued at $5,645,000 after purchasing an additional 444,000 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new position in shares of ProShares UltraPro Short QQQ in the 3rd quarter valued at approximately $1,848,000. Finally, Barclays PLC increased 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 purchasing an additional 124,500 shares in 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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