ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Short Interest Down 80.0% in October

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 100 shares, a decline of 80.0% from the September 30th total of 500 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Price Performance

NASDAQ QQQA opened at $50.36 on Tuesday. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a 1 year low of $34.55 and a 1 year high of $52.91. The firm has a market cap of $10.58 million, a price-to-earnings ratio of 32.92 and a beta of 1.16. The company has a fifty day moving average price of $46.44 and a 200-day moving average price of $44.52.

About ProShares Nasdaq-100 Dorsey Wright Momentum ETF

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.