ProShares UltraShort Top QQQ (NASDAQ:QQDN) Trading 1.8% Higher – Should You Buy?

Posted by Patrick Bannon on Sep 11th, 2026

ProShares UltraShort Top QQQ (NASDAQ:QQDN – Get Free Report) rose 1.8% during mid-day trading on Wednesday . The company traded as high as $21.20 and last traded at $21.0660. 5,021 shares changed hands during trading, an increase of 73% from the average session volume of 2,899 shares. The stock had previously closed at $20.70.

ProShares UltraShort Top QQQ Price Performance

The company has a 50-day moving average of $21.60 and a 200-day moving average of $24.20.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in ProShares UltraShort Top QQQ stock. BNP Paribas Financial Markets purchased a new position in shares of ProShares UltraShort Top QQQ (NASDAQ:QQDN – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 100,000 shares of the company’s stock, valued at approximately $3,662,000. BNP Paribas Financial Markets owned 90.91% of ProShares UltraShort Top QQQ at the end of the most recent reporting period.

ProShares UltraShort Top QQQ Company Profile

(Get Free Report)

ProShares Trust – ProShares UltraShort Top QQQ is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across diversified sector. The fund uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of large-cap companies. It seeks to track -2x the daily performance of the Nasdaq-100 Index, by using full replication technique.