ProShares UltraPro Short QQQ (SQQQ) Short Interest Ratio & Short Volume

Short interest is the volume of ProShares UltraPro Short QQQ shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 35,500 shares of SQQQ short. Learn More on ProShares UltraPro Short QQQ's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. SQQQ shares currently have a short interest ratio of 1.0. Learn More on ProShares UltraPro Short QQQ's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of ProShares UltraPro Short QQQ: Optiver Holding B.V., and XR Securities LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

ProShares UltraPro Short QQQ saw a drop in short interest in March. As of March 31st, there was short interest totaling 35,500 shares, a drop of 99.9% from the previous total of 45,750,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to ProShares UltraPro Short QQQ: JPMorgan Global Select Equity ETF (0.00%), Principal U.S. Mega-Cap ETF (0.31%), First Trust NASDAQ 100 Equal Weighted Index Fund (0.33%), Vanguard Russell 1000 (0.01%), iShares Asia 50 ETF (0.03%), Pacer Trendpilot 100 ETF (0.44%), Direxion NASDAQ-100 Equal Weighted Index Shares (0.00%), First Trust Large Cap Value AlphaDEX Fund (0.02%), First Trust Large Cap Core AlphaDEX Fund (0.13%), First Trust Large Cap Growth AlphaDEX Fund (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

Short selling SQQQ is an investing strategy that aims to generate trading profit from ProShares UltraPro Short QQQ as its price is falling. SQQQ shares are trading down $0.37 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for ProShares UltraPro Short QQQ occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of SQQQ, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including SQQQ, twice per month. The most recent reporting period available is March, 31 2024.