Short Interest in ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Rises By 144.4%

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 2,200 shares, a growth of 144.4% from the March 31st total of 900 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is presently 0.7 days.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Up 1.6 %

Shares of NASDAQ QQQA traded up $0.65 during trading on Friday, hitting $41.48. 2,070 shares of the company traded hands, compared to its average volume of 3,576. The firm has a market capitalization of $11.61 million, a P/E ratio of 42.57 and a beta of 1.04. The company has a 50-day moving average price of $42.59 and a 200-day moving average price of $39.50. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a 1 year low of $31.10 and a 1 year high of $44.37.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Announces Dividend

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

About ProShares Nasdaq-100 Dorsey Wright Momentum ETF

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.