ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Shares Gap Down – Here’s What Happened

Posted by Amy Steele on Sep 19th, 2026

ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $40.61, but opened at $38.69. ProShares UltraPro Short QQQ shares last traded at $38.9540, with a volume of 15,947,548 shares changing hands.

ProShares UltraPro Short QQQ Trading Down 1.7%

The stock has a fifty day moving average price of $39.88 and a two-hundred day moving average price of $49.11.

Institutional Trading of ProShares UltraPro Short QQQ

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Trivest Advisors Ltd acquired a new stake in shares of ProShares UltraPro Short QQQ in the second quarter valued at approximately $14,194,000. IMC Chicago LLC grew its position in ProShares UltraPro Short QQQ by 267.3% during the first 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 in the last quarter. Hamilton Wealth LLC increased its stake in ProShares UltraPro Short QQQ by 1,087.5% during the 4th quarter. Hamilton Wealth LLC now owns 118,754 shares of the company’s stock worth $8,135,000 after acquiring an additional 108,754 shares during the period. Nwam LLC bought a new position in ProShares UltraPro Short QQQ during the 1st quarter worth $1,460,000. Finally, Axxcess Wealth Management LLC acquired a new position in ProShares UltraPro Short QQQ in the 4th quarter valued at $1,322,000.

About ProShares UltraPro Short QQQ

(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.