ProShares Ultra Top QQQ (NASDAQ:QQUP) Shares Shorted: Short Interest Down 89.2% in September

ProShares Ultra Top QQQ (NASDAQ:QQUP) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 1,155 shares, a decrease of 89.2% from the September 15th total of 10,707 shares. Based on an average daily trading volume, of 3,982 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are sold short.

ProShares Ultra Top QQQ Stock Up 1.5%

QQUP opened at $67.60 on Friday. The company has a 50 day moving average of $63.81 and a 200 day moving average of $59.95. ProShares Ultra Top QQQ has a 12 month low of $40.09 and a 12 month high of $70.28.

ProShares Ultra Top QQQ Company Profile

ProShares Ultra Top QQQ seeks to deliver 2× the daily performance of the Nasdaq‑100 Mega Index using swap-based leverage. It’s designed for short-term trading to gain amplified exposure to mega-cap tech, not for long-term investment.