ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Shares Gap Down – Here’s Why

Posted by Jeff Wilder on Jun 8th, 2026

ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $43.19, but opened at $40.92. ProShares UltraPro Short QQQ shares last traded at $41.3920, with a volume of 23,482,853 shares trading hands.

ProShares UltraPro Short QQQ Trading Down 5.6%

The stock’s 50-day moving average is $54.32 and its 200 day moving average is $64.40.

Institutional Trading of ProShares UltraPro Short QQQ

A number of institutional investors have recently added to or reduced their stakes in the business. Larson Financial Group LLC bought a new stake in ProShares UltraPro Short QQQ in the fourth quarter worth approximately $29,000. Parallel Advisors LLC grew its position in ProShares UltraPro Short QQQ by 105.4% in the third quarter. Parallel Advisors LLC now owns 1,992 shares of the company’s stock worth $30,000 after acquiring an additional 1,022 shares in the last quarter. Osaic Holdings Inc. boosted its position in ProShares UltraPro Short QQQ by 47.2% during the second quarter. Osaic Holdings Inc. now owns 2,170 shares of the company’s stock worth $42,000 after purchasing an additional 696 shares during the period. FNY Investment Advisers LLC bought a new stake in ProShares UltraPro Short QQQ during the third quarter worth approximately $63,000. Finally, Sunbelt Securities Inc. bought a new stake in ProShares UltraPro Short QQQ during the fourth quarter worth approximately $137,000.

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.