ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report)’s stock price were down 4.3% during mid-day trading on Friday . The company traded as low as $8.93 and last traded at $8.97. Approximately 108,156,313 shares changed hands during trading, a decline of 19% from the average daily volume of 133,960,172 shares. The stock had previously closed at $9.37.
ProShares UltraPro Short QQQ Stock Performance
The business has a fifty day moving average of $8.64 and a 200-day moving average of $10.48.
ProShares UltraPro Short QQQ Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Wednesday, June 26th were issued a $0.1605 dividend. The ex-dividend date of this dividend was Wednesday, June 26th. This represents a $0.64 annualized dividend and a dividend yield of 7.06%.
Institutional Investors 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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