ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report)'s share price were down 4.2% during mid-day trading on Friday . The company traded as low as $28.97 and last traded at $29.39. Approximately 15,008,210 shares changed hands during trading, a decline of 72% from the average daily volume of 52,739,352 shares. The stock had previously closed at $30.69.
ProShares UltraPro Short QQQ Stock Performance
The stock's 50 day simple moving average is $30.99 and its 200-day simple moving average is $37.05.
ProShares UltraPro Short QQQ Increases Dividend
The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.8168 per share. This is a positive change from ProShares UltraPro Short QQQ's previous dividend of $0.75. The ex-dividend date was Monday, December 23rd.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL acquired a new stake in shares of ProShares UltraPro Short QQQ in the second quarter worth $29,000. Peoples Bank KS acquired a new stake in shares of ProShares UltraPro Short QQQ in the fourth quarter worth $62,000. TFB Advisors LLC acquired a new stake in shares of ProShares UltraPro Short QQQ in the third quarter worth $131,000. CWA Asset Management Group LLC acquired a new stake in shares of ProShares UltraPro Short QQQ in the third quarter worth $133,000. Finally, SG Americas Securities LLC increased its stake in shares of ProShares UltraPro Short QQQ by 25.5% in the third quarter. SG Americas Securities LLC now owns 18,090 shares of the company's stock worth $134,000 after acquiring an additional 3,679 shares during the period.
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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