ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Short Interest Update

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 4,320 shares, a growth of 88.8% from the November 30th total of 2,288 shares. Based on an average trading volume of 3,019 shares, the days-to-cover ratio is presently 1.4 days. Approximately 2.1% of the shares of the company are sold short. Approximately 2.1% of the shares of the company are sold short. Based on an average trading volume of 3,019 shares, the days-to-cover ratio is presently 1.4 days.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Performance

Shares of NASDAQ:QQQA opened at $51.05 on Friday. The company has a 50-day simple moving average of $49.00 and a 200 day simple moving average of $46.62. The company has a market capitalization of $10.72 million, a P/E ratio of 32.92 and a beta of 1.16. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a 52-week low of $34.55 and a 52-week high of $52.91.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 24th will be issued a dividend of $0.003 per share. The ex-dividend date of this dividend is Wednesday, December 24th. This represents a $0.01 annualized dividend and a yield of 0.0%.

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.