ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Sets New 52-Week Low at $9.70

ProShares UltraPro Short QQQ (NASDAQ:SQQQGet Free Report)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $9.70 and last traded at $9.71, with a volume of 58623115 shares trading hands. The stock had previously closed at $9.76.

ProShares UltraPro Short QQQ Price Performance

The stock’s 50 day moving average is $10.95 and its two-hundred day moving average is $12.74.

ProShares UltraPro Short QQQ Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Thursday, March 21st were paid a $0.164 dividend. The ex-dividend date of this dividend was Wednesday, March 20th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SQQQ. Larson Financial Group LLC grew its holdings in shares of ProShares UltraPro Short QQQ by 369.2% in the 4th quarter. Larson Financial Group LLC now owns 2,116 shares of the company’s stock worth $28,000 after purchasing an additional 1,665 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its stake in ProShares UltraPro Short QQQ by 140.8% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,201 shares of the company’s stock worth $30,000 after buying an additional 1,287 shares during the last quarter. Game Plan Financial Advisors LLC increased its holdings in shares of ProShares UltraPro Short QQQ by 450.5% during the first quarter. Game Plan Financial Advisors LLC now owns 3,055 shares of the company’s stock worth $32,000 after buying an additional 2,500 shares in the last quarter. Spire Wealth Management raised its stake in shares of ProShares UltraPro Short QQQ by 86.7% in the third quarter. Spire Wealth Management now owns 1,867 shares of the company’s stock valued at $38,000 after acquiring an additional 867 shares during the last quarter. Finally, Peoples Bank KS acquired a new position in shares of ProShares UltraPro Short QQQ in the 4th quarter worth approximately $54,000.

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.

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