ProShares Ultra Top QQQ (NASDAQ:QQUP) Stock Short Interest Declines 54.2%

ProShares Ultra Top QQQ (NASDAQ:QQUP) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 529 shares, a decline of 54.2% from the September 30th total of 1,155 shares. Based on an average daily volume of 1,852 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

ProShares Ultra Top QQQ Stock Down 4.1%

ProShares Ultra Top QQQ stock traded down $2.52 during trading on Friday, reaching $58.48. The stock had a trading volume of 6,536 shares, compared to its average volume of 7,499. ProShares Ultra Top QQQ has a 52-week low of $40.09 and a 52-week high of $70.28. The business has a 50 day moving average price of $63.94 and a 200 day moving average price of $58.32.

ProShares Ultra Top QQQ Company Profile

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.