ProShares Ultra Top QQQ (NASDAQ:QQUP) Sees Large Drop in Short Interest

Posted by Donna Armstrong on Mar 29th, 2026

ProShares Ultra Top QQQ (NASDAQ:QQUP – Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 2,872 shares, a decrease of 30.2% from the February 26th total of 4,112 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 7,855 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On ProShares Ultra Top QQQ

An institutional investor recently bought a new position in ProShares Ultra Top QQQ stock. BNP Paribas Financial Markets acquired a new position in shares of ProShares Ultra Top QQQ (NASDAQ:QQUP – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $4,389,000. BNP Paribas Financial Markets owned about 31.25% of ProShares Ultra Top QQQ at the end of the most recent quarter.

ProShares Ultra Top QQQ Stock Performance

QQUP stock traded down $2.07 during trading hours on Friday, hitting $41.14. The company’s stock had a trading volume of 7,553 shares, compared to its average volume of 11,820. The stock has a 50 day moving average price of $50.50 and a two-hundred day moving average price of $55.61. ProShares Ultra Top QQQ has a 12 month low of $38.80 and a 12 month high of $65.32.

ProShares Ultra Top QQQ Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 25th will be paid a dividend of $0.1124 per share. This represents a $0.45 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, March 25th. This is a positive change from ProShares Ultra Top QQQ’s previous quarterly dividend of $0.09.

About ProShares Ultra Top QQQ

(Get Free Report)

ProShares Ultra Top QQQ seeks to deliver 2× the daily performance of the Nasdaq‑100 Mega Index using swap-based leverage. It’s designed for short-term trading to gain amplified exposure to mega-cap tech, not for long-term investment.