ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 7,881 shares, a decrease of 61.8% from the August 31st total of 20,649 shares. Based on an average daily trading volume, of 11,658 shares, the short-interest ratio is currently 0.7 days. Approximately 1.1% of the company’s shares are short sold.
Institutional Trading of ProShares Nasdaq-100 Dorsey Wright Momentum ETF
An institutional investor recently bought a new stake in ProShares Nasdaq-100 Dorsey Wright Momentum ETF stock. KERR FINANCIAL PLANNING Corp acquired a new stake in ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,700 shares of the company’s stock, valued at approximately $86,000. KERR FINANCIAL PLANNING Corp owned 0.68% of ProShares Nasdaq-100 Dorsey Wright Momentum ETF at the end of the most recent quarter.
ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Up 0.5%
Shares of NASDAQ QQQA traded up $0.39 during midday trading on Tuesday, reaching $71.95. The company had a trading volume of 9,247 shares, compared to its average volume of 24,923. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a one year low of $44.69 and a one year high of $88.24. The firm’s fifty day moving average price is $70.53 and its 200-day moving average price is $69.30. The stock has a market cap of $52.52 million, a PE ratio of 32.92 and a beta of 1.34.
ProShares Nasdaq-100 Dorsey Wright Momentum ETF Company Profile
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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