ProShares Trust UltraPro Short QQQ ETF (SQQQ) Getting Somewhat Favorable Press Coverage, Study Shows
News headlines about ProShares Trust UltraPro Short QQQ ETF (NASDAQ:SQQQ) have been trending somewhat positive recently, according to Accern. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ProShares Trust UltraPro Short QQQ ETF earned a news impact score of 0.19 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.858093650976 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
ProShares Trust UltraPro Short QQQ ETF (NASDAQ:SQQQ) traded up 0.31% during trading on Friday, hitting $29.59. 10,900,818 shares of the company’s stock were exchanged. ProShares Trust UltraPro Short QQQ ETF has a 12-month low of $11.66 and a 12-month high of $48.21. The company’s 50-day moving average price is $29.21 and its 200 day moving average price is $34.10.
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ProShares Trust UltraPro Short QQQ ETF Company Profile
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.
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