ProShares UltraPro Short QQQ (
NASDAQ:SQQQ -
Get Free Report)'s share price traded up 5.7% during mid-day trading on Friday . The company traded as high as $19.58 and last traded at $19.46. 49,601,052 shares were traded during mid-day trading, a decline of 45% from the average session volume of 90,931,961 shares. The stock had previously closed at $18.42.
ProShares UltraPro Short QQQ Stock Up 5.0%
The firm's fifty day moving average price is $20.79 and its 200 day moving average price is $28.45.
ProShares UltraPro Short QQQ Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Wednesday, June 25th were issued a dividend of $0.2566 per share. This represents a $1.03 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date was Wednesday, June 25th.
Institutional Trading of ProShares UltraPro Short QQQ
Institutional investors and hedge funds have recently bought and sold shares of the business. IMC Chicago LLC purchased a new stake in ProShares UltraPro Short QQQ during the 1st quarter worth about $17,319,000. Smithfield Trust Co increased its position in ProShares UltraPro Short QQQ by 503.5% during the first quarter. Smithfield Trust Co now owns 272,200 shares of the company's stock worth $10,436,000 after buying an additional 227,100 shares during the period. Squarepoint Ops LLC purchased a new stake in ProShares UltraPro Short QQQ in the 4th quarter valued at $7,334,000. Lane Generational LLC acquired a new stake in shares of ProShares UltraPro Short QQQ during the second quarter worth about $4,187,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of ProShares UltraPro Short QQQ in the 1st quarter valued at approximately $7,668,000.
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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