ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Short Interest Down 63.6% in March

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 800 shares, a drop of 63.6% from the February 29th total of 2,200 shares. Based on an average trading volume of 3,600 shares, the short-interest ratio is presently 0.2 days.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Trading Up 0.0 %

ProShares Nasdaq-100 Dorsey Wright Momentum ETF stock traded up $0.02 during trading hours on Thursday, reaching $43.34. 3,780 shares of the company were exchanged, compared to its average volume of 3,621. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a 12 month low of $31.10 and a 12 month high of $44.37. The stock has a 50-day moving average of $42.52 and a 200 day moving average of $38.35. The firm has a market cap of $12.14 million, a price-to-earnings ratio of 20.54 and a beta of 1.04.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 27th. Investors of record on Thursday, March 21st were paid a $0.0214 dividend. The ex-dividend date was Wednesday, March 20th.

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.