ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Shares Up 6.7% – Here’s Why

Posted by Stacy Sanders on Jan 29th, 2026

ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report)’s share price rose 6.7% during trading on Thursday . The company traded as high as $67.11 and last traded at $66.9980. Approximately 38,565,226 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 39,892,883 shares. The stock had previously closed at $62.79.

ProShares UltraPro Short QQQ Stock Up 3.3%

The stock’s fifty day simple moving average is $68.09 and its 200-day simple moving average is $76.70.

ProShares UltraPro Short QQQ Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 24th were given a $1.5055 dividend. This represents a $6.02 annualized dividend and a yield of 9.3%. This is a boost from ProShares UltraPro Short QQQ’s previous quarterly dividend of $1.21. The ex-dividend date was Wednesday, December 24th.

Institutional Trading of ProShares UltraPro Short QQQ

Hedge funds have recently made changes to their positions in the stock. Lane Generational LLC bought a new position in shares of ProShares UltraPro Short QQQ during the 2nd quarter valued at $4,187,000. Gables Capital Management Inc. increased its position in ProShares UltraPro Short QQQ by 600.0% during the second quarter. Gables Capital Management Inc. now owns 3,500 shares of the company’s stock worth $68,000 after buying an additional 3,000 shares during the last quarter. Belvedere Trading LLC bought a new position in ProShares UltraPro Short QQQ during the second quarter valued at about $249,000. Total Clarity Wealth Management Inc. bought a new position in ProShares UltraPro Short QQQ during the second quarter valued at about $241,000. Finally, WealthPlan Investment Management LLC acquired a new position in ProShares UltraPro Short QQQ during the 2nd quarter worth $201,000.

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. 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.