Short Interest in ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Drops By 39.6%

Posted by Trevor Kearing on Jul 18th, 2026

ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 9,195,121 shares, a drop of 39.6% from the June 15th total of 15,229,889 shares. Currently, 17.1% of the company’s shares are sold short. Based on an average daily volume of 64,683,434 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On ProShares UltraPro Short QQQ

Large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. bought a new position in ProShares UltraPro Short QQQ in the 1st quarter valued at $7,668,000. JPMorgan Chase & Co. bought a new stake in shares of ProShares UltraPro Short QQQ during the second quarter worth $400,000. Cresset Asset Management LLC purchased a new stake in shares of ProShares UltraPro Short QQQ during the second quarter valued at $198,000. Jump Financial LLC purchased a new stake in shares of ProShares UltraPro Short QQQ during the second quarter valued at $2,794,000. Finally, Qube Research & Technologies Ltd grew its holdings in shares of ProShares UltraPro Short QQQ by 2,856.6% in the second quarter. Qube Research & Technologies Ltd now owns 10,969 shares of the company’s stock worth $215,000 after purchasing an additional 10,598 shares during the last quarter.

ProShares UltraPro Short QQQ Stock Up 4.6%

Shares of NASDAQ:SQQQ traded up $1.90 during trading hours on Friday, hitting $42.79. 56,784,076 shares of the company’s stock traded hands, compared to its average volume of 59,678,563. The business has a fifty day moving average price of $39.98 and a 200-day moving average price of $58.04. ProShares UltraPro Short QQQ has a 1 year low of $35.80 and a 1 year high of $98.85.

ProShares UltraPro Short QQQ Company Profile

(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. The Fund invests in derivatives. It also invests in short-term cash instruments, which have a remaining maturity of 397 days or less and exhibit high quality credit profiles.