ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Reaches New 12-Month Low – Time to Sell?

Posted by Jessica Moore on May 28th, 2026

ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $38.86 and last traded at $39.44, with a volume of 62712065 shares changing hands. The stock had previously closed at $39.28.

ProShares UltraPro Short QQQ Trading Up 0.4%

The stock has a 50-day moving average price of $59.68 and a 200-day moving average price of $65.99.

Institutional Trading of ProShares UltraPro Short QQQ

A number of hedge funds have recently bought and sold shares of SQQQ. Quadrature Capital Ltd bought a new stake in ProShares UltraPro Short QQQ in the 3rd quarter worth approximately $33,368,000. IMC Chicago LLC lifted its position in ProShares UltraPro Short QQQ by 267.3% in the 1st quarter. IMC Chicago LLC now owns 809,094 shares of the company’s stock worth $65,124,000 after buying an additional 588,799 shares during the last quarter. Smithfield Trust Co lifted its position in ProShares UltraPro Short QQQ by 330.6% in the 3rd quarter. Smithfield Trust Co now owns 559,600 shares of the company’s stock worth $8,523,000 after buying an additional 429,640 shares during the last quarter. Flow Traders U.S. LLC lifted its position in ProShares UltraPro Short QQQ by 168.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 672,442 shares of the company’s stock worth $10,241,000 after buying an additional 421,972 shares during the last quarter. Finally, Jump Financial LLC lifted its position in ProShares UltraPro Short QQQ by 291.5% in the 3rd quarter. Jump Financial LLC now owns 558,887 shares of the company’s stock worth $8,512,000 after buying an additional 416,119 shares during the last quarter.

ProShares UltraPro Short QQQ Company Profile

(Get Free Report)

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. The Fund invests in derivatives. It also invests in short-term cash instruments, which have a remaining maturity of 397 days or less and exhibit high quality credit profiles.