ProShares UltraShort Top QQQ Declares Quarterly Dividend of $0.18 (NASDAQ:QQDN)

ProShares UltraShort Top QQQ (NASDAQ:QQDN) declared a quarterly dividend on Tuesday, September 22nd. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.184 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, September 23rd.

ProShares UltraShort Top QQQ Trading Up 2.0%

QQDN traded up $0.40 on Wednesday, hitting $20.06. 974 shares of the stock traded hands, compared to its average volume of 2,837. The business has a fifty day moving average price of $21.25 and a two-hundred day moving average price of $23.72. ProShares UltraShort Top QQQ has a 52 week low of $19.56 and a 52 week high of $35.03.

ProShares UltraShort Top QQQ Company Profile

ProShares Trust – ProShares UltraShort Top QQQ is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across diversified sector. The fund uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of large-cap companies. It seeks to track -2x the daily performance of the Nasdaq-100 Index, by using full replication technique.