ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report)'s stock price reached a new 52-week low on Tuesday . The company traded as low as $18.71 and last traded at $18.83, with a volume of 25969658 shares changing hands. The stock had previously closed at $19.18.
ProShares UltraPro Short QQQ Trading Down 2.3%
The business has a 50-day moving average price of $22.22 and a two-hundred day moving average price of $29.38.
ProShares UltraPro Short QQQ Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Wednesday, June 25th were given a dividend of $0.2566 per share. The ex-dividend date was Wednesday, June 25th. This represents a $1.03 dividend on an annualized basis and a dividend yield of 5.51%.
Institutional Trading of ProShares UltraPro Short QQQ
Institutional investors have recently modified their holdings of the stock. Headlands Technologies LLC bought a new stake in shares of ProShares UltraPro Short QQQ during the 4th quarter valued at $2,922,000. DRW Securities LLC bought a new stake in shares of ProShares UltraPro Short QQQ during the 4th quarter valued at $3,155,000. Raffles Associates LP bought a new stake in shares of ProShares UltraPro Short QQQ during the 4th quarter valued at $623,000. Robertson Stephens Wealth Management LLC bought a new stake in shares of ProShares UltraPro Short QQQ during the 1st quarter valued at $2,698,000. Finally, Canal Insurance CO bought a new stake in shares of ProShares UltraPro Short QQQ during the 1st quarter valued at $1,917,000.
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.
Featured Stories
Before you consider ProShares UltraPro Short QQQ, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ProShares UltraPro Short QQQ wasn't on the list.
While ProShares UltraPro Short QQQ currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
