Big Gain For ProShares UltraPro Short QQQ
ProShares UltraPro Short QQQ (SQQQ:NASDAQ) jumped higher at $26.66, representing a gain of 20.7%. From Fri 21 Feb 20, the stock recorded 60.00% Up Days and 63.64% Green Days
The share price of the company has been moving sideways in recent weeks.
About ProShares UltraPro Short QQQ (SQQQ:NASDAQ)
The investment seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the NASDAQ-100 Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times the inverse (-3x) of the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.
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