ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Shares Down 3.9% – What’s Next?

Posted by Stacy Sanders on Mar 14th, 2025

ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report)’s stock price fell 3.9% during mid-day trading on Friday . The company traded as low as $37.28 and last traded at $38.01. 25,966,037 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 64,978,531 shares. The stock had previously closed at $39.54.

ProShares UltraPro Short QQQ Stock Down 6.8 %

The business’s fifty day moving average is $30.34 and its two-hundred day moving average is $33.71.

ProShares UltraPro Short QQQ Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.8168 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from ProShares UltraPro Short QQQ’s previous dividend of $0.75.

Institutional Trading of ProShares UltraPro Short QQQ

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Squarepoint Ops LLC acquired a new stake in ProShares UltraPro Short QQQ during the 4th quarter worth $7,334,000. Raffles Associates LP bought a new stake in ProShares UltraPro Short QQQ in the 4th quarter valued at $623,000. Tower Research Capital LLC TRC lifted its position in ProShares UltraPro Short QQQ by 6,510.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 33,054 shares of the company’s stock valued at $1,029,000 after acquiring an additional 32,554 shares in the last quarter. DRW Securities LLC bought a new stake in ProShares UltraPro Short QQQ in the 4th quarter valued at $3,155,000. Finally, Headlands Technologies LLC bought a new stake in ProShares UltraPro Short QQQ in the 4th quarter valued at $2,922,000.

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.