ProShares UltraPro Short QQQ (NASDAQ:SQQQ) Declares Quarterly Dividend of $1.51

ProShares UltraPro Short QQQ (NASDAQ:SQQQ) declared a quarterly dividend on Tuesday, December 23rd. Shareholders of record on Wednesday, December 24th will be given a dividend of 1.5055 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date of this dividend is Wednesday, December 24th. This is a 24.1% increase from ProShares UltraPro Short QQQ’s previous quarterly dividend of $1.21.

ProShares UltraPro Short QQQ Stock Down 2.3%

SQQQ traded down $1.58 on Wednesday, reaching $65.66. The company had a trading volume of 3,003,589 shares, compared to its average volume of 22,977,303. The company’s fifty day moving average is $70.26 and its 200 day moving average is $83.47. ProShares UltraPro Short QQQ has a fifty-two week low of $63.40 and a fifty-two week high of $289.00.

ProShares UltraPro Short QQQ Company Profile

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. The Fund invests in derivatives. It also invests in short-term cash instruments, which have a remaining maturity of 397 days or less and exhibit high quality credit profiles.