Short Interest in ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Increases By 150.0%

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) was the recipient of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 500 shares, a growth of 150.0% from the November 15th total of 200 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is currently 0.2 days.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Up 0.8 %

Shares of QQQA opened at $48.40 on Friday. The firm has a market cap of $12.58 million, a price-to-earnings ratio of 33.90 and a beta of 1.04. The business’s 50 day moving average is $45.59 and its two-hundred day moving average is $44.09. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a 52-week low of $36.03 and a 52-week high of $48.40.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were paid a dividend of $0.0191 per share. The ex-dividend date was Wednesday, September 25th.

About ProShares Nasdaq-100 Dorsey Wright Momentum ETF

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.