ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Plans Quarterly Dividend of $0.16

ProShares UltraPro Short QQQ (NASDAQ:SQQQ) declared a quarterly dividend on Tuesday, June 25th, NASDAQ reports. Stockholders of record on Wednesday, June 26th will be paid a dividend of 0.1605 per share on Wednesday, July 3rd. This represents a $0.64 annualized dividend and a dividend yield of 7.85%. The ex-dividend date of this dividend is Wednesday, June 26th.

ProShares UltraPro Short QQQ Stock Down 2.5 %

Shares of SQQQ stock traded down $0.21 during mid-day trading on Wednesday, hitting $8.18. 106,122,712 shares of the stock traded hands, compared to its average volume of 131,831,734. ProShares UltraPro Short QQQ has a twelve month low of $8.02 and a twelve month high of $23.34. The company’s 50-day simple moving average is $10.12 and its 200-day simple moving average is $11.37.

ProShares UltraPro Short QQQ Company Profile

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.