ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Short Interest Update

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 7,827 shares, a growth of 119.1% from the January 15th total of 3,573 shares. Approximately 3.9% of the company’s stock are short sold. Based on an average daily trading volume, of 6,554 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily trading volume, of 6,554 shares, the days-to-cover ratio is presently 1.2 days. Approximately 3.9% of the company’s stock are short sold.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Price Performance

Shares of NASDAQ QQQA opened at $52.78 on Friday. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a 1 year low of $34.55 and a 1 year high of $56.71. The firm has a 50-day moving average of $51.94 and a 200 day moving average of $48.59. The stock has a market cap of $10.56 million, a P/E ratio of 32.92 and a beta of 1.16.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 24th were issued a dividend of $0.003 per share. This represents a $0.01 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Wednesday, December 24th.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Company Profile

The ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) is an exchange-traded fund that is based on the NASDAQ-100 Dorsey Wright Momentum index. The fund tracks an equal-weighted index of 21 non-financial companies included in the Nasdaq-100 Index identified with the highest price momentum. QQQA was launched on May 18, 2021 and is managed by ProShares.