Traders Purchase Large Volume of ProShares UltraPro Short QQQ Call Options (NASDAQ:SQQQ)

Posted by Dante Gardener on May 12th, 2026

ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report) was the recipient of some unusual options trading on Tuesday. Traders bought 94,068 call options on the stock. This is an increase of 48% compared to the typical volume of 63,472 call options.

ProShares UltraPro Short QQQ Stock Up 4.4%

Shares of SQQQ traded up $1.86 during midday trading on Tuesday, reaching $44.08. The company had a trading volume of 65,532,765 shares, compared to its average volume of 55,771,785. ProShares UltraPro Short QQQ has a 1-year low of $41.99 and a 1-year high of $128.44. The firm has a 50 day simple moving average of $66.87 and a 200-day simple moving average of $68.19.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SQQQ. Larson Financial Group LLC acquired a new position in shares of ProShares UltraPro Short QQQ in the fourth quarter valued at approximately $29,000. Parallel Advisors LLC increased its holdings in shares of ProShares UltraPro Short QQQ by 104.0% in the first quarter. Parallel Advisors LLC now owns 814 shares of the company’s stock valued at $66,000 after purchasing an additional 415 shares during the period. Sunbelt Securities Inc. acquired a new position in shares of ProShares UltraPro Short QQQ in the fourth quarter valued at approximately $137,000. Osaic Holdings Inc. increased its holdings in shares of ProShares UltraPro Short QQQ by 47.2% in the second quarter. Osaic Holdings Inc. now owns 2,170 shares of the company’s stock valued at $42,000 after purchasing an additional 696 shares during the period. Finally, J. Safra Sarasin Holding AG purchased a new stake in shares of ProShares UltraPro Short QQQ in the first quarter valued at approximately $217,000.

About ProShares UltraPro Short QQQ

(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.