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 large 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 days-to-cover ratio is currently 0.2 days.

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

Shares of NASDAQ:QQQA traded up $0.39 during trading on Friday, reaching $48.40. The stock had a trading volume of 1,955 shares, compared to its average volume of 2,795. The firm’s 50-day simple moving average is $45.67 and its 200 day simple moving average is $44.11. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a one year low of $36.03 and a one year high of $48.40. The company has a market capitalization of $12.58 million, a P/E 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 was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were paid a dividend of $0.0191 per share. The ex-dividend date was 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.