Short Interest in ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA) Declines By 35.5%

Posted by Shane Hupp on Aug 19th, 2026

ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Get Free Report) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 17,860 shares, a decrease of 35.5% from the July 15th total of 27,680 shares. Based on an average daily volume of 37,169 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.8% of the company’s stock are short sold.

Hedge Funds Weigh In On ProShares Nasdaq-100 Dorsey Wright Momentum ETF

A hedge fund recently bought a new stake in ProShares Nasdaq-100 Dorsey Wright Momentum ETF stock. KERR FINANCIAL PLANNING Corp acquired a new stake in ProShares Nasdaq-100 Dorsey Wright Momentum ETF (NASDAQ:QQQA – Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,700 shares of the company’s stock, valued at approximately $86,000. KERR FINANCIAL PLANNING Corp owned approximately 0.68% of ProShares Nasdaq-100 Dorsey Wright Momentum ETF at the end of the most recent quarter.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Trading Down 1.9%

NASDAQ:QQQA traded down $1.35 on Wednesday, reaching $70.79. 18,640 shares of the stock traded hands, compared to its average volume of 26,723. The company has a market capitalization of $68.67 million, a price-to-earnings ratio of 32.92 and a beta of 1.34. ProShares Nasdaq-100 Dorsey Wright Momentum ETF has a 12 month low of $43.41 and a 12 month high of $88.24. The company’s fifty day simple moving average is $76.18 and its 200 day simple moving average is $65.96.

ProShares Nasdaq-100 Dorsey Wright Momentum ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Wednesday, June 24th were issued a dividend of $0.0152 per share. The ex-dividend date was Wednesday, June 24th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.1%.

About ProShares Nasdaq-100 Dorsey Wright Momentum ETF

(Get Free Report)

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.