ProShares Trust UltraPro Short QQQ ETF (SQQQ) Getting Somewhat Favorable News Coverage, Report Shows
Media stories about ProShares Trust UltraPro Short QQQ ETF (NASDAQ:SQQQ) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ProShares Trust UltraPro Short QQQ ETF earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.4719192064367 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of ProShares Trust UltraPro Short QQQ ETF (NASDAQ SQQQ) traded down 2.25% during midday trading on Friday, reaching $29.12. The company had a trading volume of 9,302,120 shares. The company’s 50 day moving average price is $29.56 and its 200-day moving average price is $34.66. ProShares Trust UltraPro Short QQQ ETF has a 52 week low of $11.66 and a 52 week high of $48.21.
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About ProShares Trust UltraPro Short QQQ ETF
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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