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

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQAGet Free Report) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 100 shares, a decline of 88.9% from the December 15th total of 900 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is currently 0.0 days.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Down 0.2 %

Shares of QQQA traded down $0.08 on Tuesday, hitting $46.17. The company’s stock had a trading volume of 1,263 shares, compared to its average volume of 4,370. The firm’s fifty day moving average price is $46.73 and its 200-day moving average price is $44.28. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a fifty-two week low of $36.03 and a fifty-two week high of $48.89. The firm has a market capitalization of $12.00 million, a price-to-earnings ratio of 33.90 and a beta of 1.04.

About ProShares Nasdaq-100 Dorsey Wright Momentum ETF

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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.

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