ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as $6.93 and last traded at $9.77, with a volume of 15476891 shares trading hands. The stock had previously closed at $9.70.
ProShares UltraPro Short QQQ Price Performance
The firm has a 50-day simple moving average of $8.63 and a two-hundred day simple moving average of $10.18.
ProShares UltraPro Short QQQ Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Wednesday, June 26th were issued a dividend of $0.1605 per share. The ex-dividend date of this dividend was Wednesday, June 26th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.63%.
Hedge Funds 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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