ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $8.46, but opened at $8.16. ProShares UltraPro Short QQQ shares last traded at $8.08, with a volume of 27,108,133 shares trading hands.
ProShares UltraPro Short QQQ Stock Up 10.8 %
The company has a fifty day simple moving average of $8.65 and a 200-day simple moving average of $10.49.
ProShares UltraPro Short QQQ Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Wednesday, June 26th were issued a $0.1605 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.08%. The ex-dividend date of this dividend was Wednesday, June 26th.
Hedge Funds Weigh In On ProShares UltraPro Short QQQ
About ProShares UltraPro Short QQQ
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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