ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Short Interest Update

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 100 shares, a drop of 88.9% from the December 31st total of 900 shares. Based on an average daily volume of 2,400 shares, the short-interest ratio is currently 0.0 days.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Trading Up 1.5 %

QQQA traded up $0.70 on Tuesday, hitting $48.27. 617 shares of the company’s stock were exchanged, compared to its average volume of 3,313. The firm has a 50-day moving average price of $47.20 and a 200-day moving average price of $44.38. The stock has a market cap of $11.58 million, a price-to-earnings ratio of 33.90 and a beta of 1.04. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a fifty-two week low of $36.03 and a fifty-two week high of $50.05.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Company Profile

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.