ProShares UltraPro Short QQQ (NASDAQ:SQQQ - Get Free Report)'s stock price hit a new 52-week low on Tuesday . The stock traded as low as $25.30 and last traded at $25.32, with a volume of 134954899 shares traded. The stock had previously closed at $28.80.
ProShares UltraPro Short QQQ Trading Down 1.1%
The company has a fifty day moving average price of $35.26 and a two-hundred day moving average price of $32.34.
ProShares UltraPro Short QQQ Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were issued a dividend of $0.4823 per share. This represents a $1.93 annualized dividend and a dividend yield of 8.25%. The ex-dividend date of this dividend was Wednesday, March 26th.
Institutional Trading of ProShares UltraPro Short QQQ
Several institutional investors have recently modified their holdings of the company. 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 lifted its position in shares of ProShares UltraPro Short QQQ by 69.3% during the 1st quarter. Redwood Park Advisors LLC now owns 887 shares of the company's stock worth $34,000 after buying an additional 363 shares during the period. PayPay Securities Corp lifted its position in shares of 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 buying an additional 719 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of ProShares UltraPro Short QQQ during the 1st quarter worth approximately $100,000. Finally, Centerpoint Advisors LLC lifted its position in shares of ProShares UltraPro Short QQQ by 20.0% during the 4th quarter. Centerpoint Advisors LLC now owns 6,000 shares of the company's stock worth $187,000 after buying an additional 1,000 shares during the period.
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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