ProShares UltraPro Short QQQ Announces Quarterly Dividend of $0.48 (NASDAQ:SQQQ)

ProShares UltraPro Short QQQ (NASDAQ:SQQQ) declared a quarterly dividend on Tuesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 26th will be paid a dividend of 0.4823 per share on Tuesday, April 1st. This represents a $1.93 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date is Wednesday, March 26th.

ProShares UltraPro Short QQQ Stock Up 4.0 %

Shares of NASDAQ SQQQ traded up $1.34 during midday trading on Wednesday, reaching $34.86. 80,701,057 shares of the company’s stock were exchanged, compared to its average volume of 40,223,726. ProShares UltraPro Short QQQ has a 52-week low of $26.21 and a 52-week high of $64.95. The business’s fifty day moving average price is $31.18 and its two-hundred day moving average price is $33.17.

About ProShares UltraPro Short QQQ

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.