Short Interest in ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Decreases By 51.8%

Posted by Andrew Walz on Jun 1st, 2026

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Get Free Report) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 9,265 shares, a decrease of 51.8% from the April 30th total of 19,213 shares. Approximately 3.6% of the company’s stock are sold short. Based on an average daily volume of 34,952 shares, the days-to-cover ratio is presently 0.3 days.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Up 1.8%

QQQA traded up $1.37 on Monday, reaching $78.37. The company’s stock had a trading volume of 36,843 shares, compared to its average volume of 12,049. The stock has a 50 day moving average of $62.92 and a two-hundred day moving average of $55.41. The company has a market capitalization of $20.38 million, a price-to-earnings ratio of 32.92 and a beta of 1.32. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a fifty-two week low of $43.37 and a fifty-two week high of $78.45.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were paid a $0.0002 dividend. The ex-dividend date was Wednesday, March 25th. This represents a $0.00 dividend on an annualized basis and a yield of 0.0%.

Institutional Investors Weigh In On ProShares Nasdaq-100 Dorsey Wright Momentum ETF

A hedge fund recently bought a new stake in ProShares Nasdaq-100 Dorsey Wright Momentum ETF stock. KERR FINANCIAL PLANNING Corp purchased a new stake in ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,700 shares of the company’s stock, valued at approximately $86,000. KERR FINANCIAL PLANNING Corp owned approximately 0.68% of ProShares Nasdaq-100 Dorsey Wright Momentum ETF as of its most recent SEC filing.

About ProShares Nasdaq-100 Dorsey Wright Momentum ETF

(Get Free Report)

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.