ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Sees Large Volume Increase – What’s Next?

Posted by Michelle Swanson on Apr 12th, 2025

ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report) saw an uptick in trading volume on Thursday . 56,821,514 shares traded hands during trading, an increase of 24% from the previous session’s volume of 45,709,933 shares.The stock last traded at $37.46 and had previously closed at $34.28.

ProShares UltraPro Short QQQ Trading Down 5.2 %

The business’s fifty day moving average price is $34.73 and its 200-day moving average price is $33.25.

ProShares UltraPro Short QQQ Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were issued a $0.4823 dividend. This represents a $1.93 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date was Wednesday, March 26th.

Hedge Funds Weigh In On ProShares UltraPro Short QQQ

A number of large investors have recently modified their holdings of SQQQ. Parallel Advisors LLC purchased a new position in ProShares UltraPro Short QQQ in the 1st quarter worth $27,000. Peoples Bank KS bought a new position in shares of ProShares UltraPro Short QQQ during the fourth quarter valued at about $62,000. Centerpoint Advisors LLC increased its holdings in shares of ProShares UltraPro Short QQQ by 20.0% in the fourth quarter. Centerpoint Advisors LLC now owns 6,000 shares of the company’s stock worth $187,000 after buying an additional 1,000 shares during the period. World Investment Advisors LLC lifted its stake in shares of ProShares UltraPro Short QQQ by 51.0% in the 3rd quarter. World Investment Advisors LLC now owns 28,000 shares of the company’s stock valued at $207,000 after acquiring an additional 9,463 shares during the last quarter. Finally, Foundations Investment Advisors LLC purchased a new stake in ProShares UltraPro Short QQQ during the 4th quarter valued at about $360,000.

ProShares UltraPro Short QQQ Company Profile

(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.