ProShares Ultra Top QQQ (NASDAQ:QQUP) Stock Short Interest Declines 89.2%

ProShares Ultra Top QQQ (NASDAQ:QQUP) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 1,155 shares, a decline of 89.2% from the September 15th total of 10,707 shares. Based on an average trading volume of 3,982 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are short sold.

ProShares Ultra Top QQQ Trading Up 1.5%

Shares of NASDAQ QQUP opened at $67.60 on Friday. ProShares Ultra Top QQQ has a 52-week low of $40.09 and a 52-week high of $70.28. The firm’s 50 day moving average price is $63.81 and its 200-day moving average price is $59.95.

About ProShares Ultra Top QQQ

ProShares Ultra Top QQQ seeks to deliver 2× the daily performance of the Nasdaq‑100 Mega Index using swap-based leverage. It’s designed for short-term trading to gain amplified exposure to mega-cap tech, not for long-term investment.