ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $18.99 and last traded at $19.40, with a volume of 30345196 shares traded. The stock had previously closed at $19.53.
ProShares UltraPro Short QQQ Price Performance
The business has a 50-day simple moving average of $23.03 and a 200 day simple moving average of $29.63.
ProShares UltraPro Short QQQ Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Wednesday, June 25th were issued a dividend of $0.2566 per share. The ex-dividend date was Wednesday, June 25th. This represents a $1.03 annualized dividend and a yield of 5.34%.
Institutional Trading of ProShares UltraPro Short QQQ
A number of large investors have recently bought and sold shares of SQQQ. Parallel Advisors LLC bought a new position in shares of ProShares UltraPro Short QQQ during the 1st quarter worth approximately $27,000. Redwood Park Advisors LLC raised its holdings in shares of ProShares UltraPro Short QQQ by 69.3% in the 1st quarter. Redwood Park Advisors LLC now owns 887 shares of the company's stock worth $34,000 after acquiring an additional 363 shares during the last quarter. PayPay Securities Corp boosted its holdings in ProShares UltraPro Short QQQ by 85.9% during the 1st quarter. PayPay Securities Corp now owns 1,556 shares of the company's stock worth $60,000 after acquiring an additional 719 shares during the last quarter. Game Plan Financial Advisors LLC raised its stake in shares of ProShares UltraPro Short QQQ by 16,818.2% during the 1st quarter. Game Plan Financial Advisors LLC now owns 1,861 shares of the company's stock worth $71,000 after purchasing an additional 1,850 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of ProShares UltraPro Short QQQ during the 1st quarter valued at $100,000.
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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