ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Sees Significant Drop in Short Interest

Posted by Grant Hamersma on Aug 18th, 2026

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Get Free Report) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 17,860 shares, a decrease of 35.5% from the July 15th total of 27,680 shares. Based on an average daily volume of 37,169 shares, the short-interest ratio is presently 0.5 days. Approximately 1.8% of the company’s shares are sold short.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Stock Performance

Shares of QQQA stock opened at $73.43 on Tuesday. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a fifty-two week low of $43.41 and a fifty-two week high of $88.24. The stock has a 50 day simple moving average of $76.27 and a two-hundred day simple moving average of $65.85. The company has a market cap of $71.23 million, a P/E ratio of 32.92 and a beta of 1.34.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Wednesday, June 24th were given a dividend of $0.0152 per share. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $0.06 annualized dividend and a dividend yield of 0.1%.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in ProShares Nasdaq-100 Dorsey Wright Momentum ETF stock. KERR FINANCIAL PLANNING Corp bought a new position in shares of ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 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.