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

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 900 shares, an increase of 50.0% from the February 28th total of 600 shares. Based on an average trading volume of 3,900 shares, the short-interest ratio is currently 0.2 days. Approximately 0.4% of the shares of the company are short sold.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Up 0.7 %

NASDAQ QQQA traded up $0.28 during midday trading on Tuesday, hitting $41.20. The company had a trading volume of 1,014 shares, compared to its average volume of 2,880. The firm has a fifty day simple moving average of $46.87 and a two-hundred day simple moving average of $46.01. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a fifty-two week low of $36.03 and a fifty-two week high of $52.91. The stock has a market cap of $9.89 million, a price-to-earnings ratio of 36.38 and a beta of 1.04.

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.