ProShares Ultra Top QQQ (NASDAQ:QQUP – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 529 shares, a decrease of 54.2% from the September 30th total of 1,155 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,852 shares, the days-to-cover ratio is currently 0.3 days.
ProShares Ultra Top QQQ Trading Down 4.4%
Shares of QQUP stock traded down $2.67 on Friday, hitting $58.33. The company’s stock had a trading volume of 9,555 shares, compared to its average volume of 7,514. The stock’s 50 day moving average is $63.89 and its 200-day moving average is $58.32. ProShares Ultra Top QQQ has a fifty-two week low of $40.09 and a fifty-two week high of $70.28.
About ProShares Ultra Top QQQ
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.
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