ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Short Interest Update

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 17,363 shares, an increase of 22,746.1% from the March 31st total of 76 shares. Based on an average daily volume of 8,455 shares, the short-interest ratio is presently 2.1 days. Currently, 7.5% of the company’s shares are sold short.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Trading Up 3.5%

ProShares Nasdaq-100 Dorsey Wright Momentum ETF stock opened at $65.97 on Friday. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a 1 year low of $40.60 and a 1 year high of $66.04. The company has a market cap of $15.17 million, a PE ratio of 32.92 and a beta of 1.16. The company’s 50-day moving average is $54.51 and its two-hundred day moving average is $51.78.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were given a dividend of $0.0002 per share. The ex-dividend date was Wednesday, March 25th. This represents a $0.00 dividend on an annualized basis and a yield of 0.0%.

About ProShares Nasdaq-100 Dorsey Wright Momentum ETF

The ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) is an exchange-traded fund that is based on the NASDAQ-100 Dorsey Wright Momentum index. The fund tracks an equal-weighted index of 21 non-financial companies included in the Nasdaq-100 Index identified with the highest price momentum. QQQA was launched on May 18, 2021 and is managed by ProShares.