ProShares UltraPro Short QQQ - SQQQ Price, Holdings, & News

ProShares UltraPro Short QQQ's stock was trading at $54.01 on January 1st, 2023. Since then, SQQQ shares have decreased by 41.4% and is now trading at $31.63.
View the best growth stocks for 2023 here.

ProShares UltraPro Short QQQ saw a drop in short interest in March. As of March 15th, there was short interest totaling 13,770,000 shares, a drop of 26.9% from the February 28th total of 18,850,000 shares. Based on an average daily trading volume, of 136,589,000 shares, the short-interest ratio is currently 0.1 days.
View ProShares UltraPro Short QQQ's Short Interest.

ProShares UltraPro Short QQQ declared a quarterly dividend on Tuesday, March 21st. Investors of record on Thursday, March 23rd will be paid a dividend of $0.204 per share on Wednesday, March 29th. This represents a $0.82 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend is Wednesday, March 22nd. This is a boost from the stock's previous quarterly dividend of $0.15.
Read our dividend analysis for SQQQ.

ProShares UltraPro Short QQQ is a equity fund issued by ProShares. SQQQ focuses on large cap investments and follows the NASDAQ-100 Index. The fund's investments total to approximately $1.39 billion assets under management.

ProShares UltraPro Short QQQ's management fee is 0.75% and has other expenses of 0.26%. However, SQQQ has a fee waiver of -0.06% to reimburse the expenses. The net expense ratio for SQQQ is 0.95%.

ProShares UltraPro Short QQQ shares reverse split before market open on Thursday, January 13th 2022. The 1-5 reverse split was announced on Thursday, January 13th 2022. The number of shares owned by shareholders was adjusted after the market closes on Thursday, January 13th 2022. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other ProShares UltraPro Short QQQ investors own include NVIDIA (NVDA), Tesla (TSLA), ProShares UltraPro QQQ (TQQQ), Block (SQ), Netflix (NFLX), Boeing (BA), Visa (V), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM) and Walt Disney (DIS).

ProShares UltraPro Short QQQ trades on the NASDAQ under the ticker symbol "SQQQ."

ProShares UltraPro Short QQQ's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Susquehanna International Group LLP (0.00%), Citigroup Inc. (3.02%), Jane Street Group LLC (1.20%), Cutler Group LLC CA (0.00%), HRT Financial LP (0.47%) and Empowered Funds LLC (0.17%).

Shares of SQQQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SQQQ stock can currently be purchased for approximately $31.63.

ProShares UltraPro Short QQQ (NASDAQ:SQQQ) has a market capitalization of $3.91 billion.