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

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 2,600 shares, a growth of 36.8% from the August 31st total of 1,900 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 1.0 days.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Performance

NASDAQ QQQA traded down $0.35 during trading hours on Friday, hitting $43.78. 2,073 shares of the company traded hands, compared to its average volume of 3,006. The business’s 50-day moving average is $41.27 and its 200-day moving average is $43.00. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a twelve month low of $31.96 and a twelve month high of $48.20. The stock has a market capitalization of $11.82 million, a price-to-earnings ratio of 33.90 and a beta of 1.04.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 25th will be given a $0.0191 dividend. The ex-dividend date of this dividend is Wednesday, September 25th.

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.