ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Hits New 52-Week Low at $9.21

Shares of ProShares UltraPro Short QQQ (NASDAQ:SQQQGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as $9.21 and last traded at $9.28, with a volume of 12782196 shares trading hands. The stock had previously closed at $9.26.

ProShares UltraPro Short QQQ Trading Up 0.3 %

The company has a 50 day moving average of $10.70 and a two-hundred day moving average of $12.10.

ProShares UltraPro Short QQQ Announces Dividend

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

Hedge Funds Weigh In On ProShares UltraPro Short QQQ

A number of institutional investors have recently bought and sold shares of SQQQ. Jane Street Group LLC increased its position in shares of ProShares UltraPro Short QQQ by 378.6% in the first quarter. Jane Street Group LLC now owns 1,947,014 shares of the company’s stock worth $20,405,000 after acquiring an additional 1,540,169 shares in the last quarter. Jump Financial LLC purchased a new position in ProShares UltraPro Short QQQ during the 4th quarter worth approximately $21,670,000. IMC Chicago LLC raised its stake in ProShares UltraPro Short QQQ by 43.4% during the 1st quarter. IMC Chicago LLC now owns 1,291,481 shares of the company’s stock valued at $13,535,000 after purchasing an additional 390,730 shares during the period. Simplex Trading LLC lifted its holdings in shares of ProShares UltraPro Short QQQ by 132.0% in the first quarter. Simplex Trading LLC now owns 833,229 shares of the company’s stock valued at $8,732,000 after purchasing an additional 474,067 shares in the last quarter. Finally, Elevatus Welath Management acquired a new stake in shares of ProShares UltraPro Short QQQ in the third quarter worth $10,428,000.

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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