ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report) rose 2.3% during trading on Friday . The company traded as high as $13.64 and last traded at $13.57. Approximately 53,430,772 shares were traded during trading, a decline of 58% from the average daily volume of 126,992,938 shares. The stock had previously closed at $13.27.
ProShares UltraPro Short QQQ Stock Performance
The business has a 50-day moving average price of $16.81 and a 200 day moving average price of $18.25.
ProShares UltraPro Short QQQ Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, December 21st were given a dividend of $0.283 per share. The ex-dividend date was Wednesday, December 20th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 8.34%.
Institutional Trading of ProShares UltraPro Short QQQ
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.
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