ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Declares Quarterly Dividend of $0.64

ProShares UltraPro Short QQQ (NASDAQ:SQQQ) declared a quarterly dividend on Tuesday, June 23rd. Stockholders of record on Wednesday, June 24th will be paid a dividend of 0.6376 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date is Wednesday, June 24th.

ProShares UltraPro Short QQQ Stock Down 0.3%

Shares of SQQQ stock traded down $0.11 during trading hours on Wednesday, reaching $40.45. 69,789,323 shares of the stock were exchanged, compared to its average volume of 59,867,121. The business’s fifty day moving average is $45.25 and its two-hundred day moving average is $61.63. ProShares UltraPro Short QQQ has a 12-month low of $35.80 and a 12-month high of $104.60.

About ProShares UltraPro Short QQQ

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.