ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Short Interest Update

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 3,891 shares, a decline of 50.3% from the January 29th total of 7,827 shares. Based on an average trading volume of 4,074 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.9% of the shares of the stock are sold short. Currently, 1.9% of the shares of the stock are sold short. Based on an average trading volume of 4,074 shares, the days-to-cover ratio is presently 1.0 days.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Down 0.5%

Shares of QQQA traded down $0.25 during trading hours on Friday, reaching $53.50. 889 shares of the company traded hands, compared to its average volume of 4,774. The stock has a market capitalization of $10.70 million, a PE ratio of 32.92 and a beta of 1.16. The stock has a fifty day simple moving average of $52.78 and a 200 day simple moving average of $49.29. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a fifty-two week low of $34.55 and a fifty-two week high of $56.71.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 24th were issued a dividend of $0.003 per share. The ex-dividend date was Wednesday, December 24th. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.0%.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Company Profile

The ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) is an exchange-traded fund that is based on the NASDAQ-100 Dorsey Wright Momentum index. The fund tracks an equal-weighted index of 21 non-financial companies included in the Nasdaq-100 Index identified with the highest price momentum. QQQA was launched on May 18, 2021 and is managed by ProShares.