ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Shares Gap Down – What’s Next?

Posted by Micah Haroldson on Jan 15th, 2026

ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $66.94, but opened at $64.70. ProShares UltraPro Short QQQ shares last traded at $64.8210, with a volume of 14,154,328 shares.

ProShares UltraPro Short QQQ Stock Performance

The business’s 50 day moving average price is $69.23 and its 200-day moving average price is $78.87.

ProShares UltraPro Short QQQ Increases Dividend

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

Hedge Funds Weigh In On ProShares UltraPro Short QQQ

Several large investors have recently modified their holdings of the stock. Lane Generational LLC acquired a new stake in ProShares UltraPro Short QQQ during the 2nd quarter valued at $4,187,000. Gables Capital Management Inc. grew its holdings in shares of 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 valued at $68,000 after buying an additional 3,000 shares in the last quarter. Belvedere Trading LLC acquired a new position in ProShares UltraPro Short QQQ during the second quarter valued at $249,000. Total Clarity Wealth Management Inc. purchased a new stake in ProShares UltraPro Short QQQ in the 2nd quarter worth about $241,000. Finally, WealthPlan Investment Management LLC purchased a new stake in ProShares UltraPro Short QQQ in the 2nd quarter worth about $201,000.

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.