Short Interest in ProShares Ultra Top QQQ (NASDAQ:QQUP) Rises By 443.3%

ProShares Ultra Top QQQ (NASDAQ:QQUP) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 16,300 shares, an increase of 443.3% from the August 31st total of 3,000 shares. Based on an average daily volume of 33,400 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 33,400 shares, the days-to-cover ratio is presently 0.5 days.

ProShares Ultra Top QQQ Stock Up 1.0%

QQUP stock opened at $56.84 on Wednesday. The stock’s 50 day moving average is $51.89. ProShares Ultra Top QQQ has a 52 week low of $38.80 and a 52 week high of $58.52.

ProShares Ultra Top QQQ Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Wednesday, September 24th were issued a dividend of $0.0703 per share. This represents a $0.28 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, September 24th.

Institutional Trading of ProShares Ultra Top QQQ

An institutional investor recently bought a new position in ProShares Ultra Top QQQ stock. BNP Paribas Financial Markets bought a new stake in ProShares Ultra Top QQQ (NASDAQ:QQUP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 100,000 shares of the company’s stock, valued at approximately $4,389,000. BNP Paribas Financial Markets owned about 31.25% of ProShares Ultra Top QQQ as of its most recent SEC filing.

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.