ProShares UltraShort Top QQQ (NASDAQ:QQDN) Short Interest Up 138.2% in July

Posted by Lauren Steadman on Jul 28th, 2026

ProShares UltraShort Top QQQ (NASDAQ:QQDN – Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 729 shares, a growth of 138.2% from the June 30th total of 306 shares. Based on an average daily volume of 1,365 shares, the days-to-cover ratio is currently 0.5 days. Approximately 1.5% of the company’s stock are short sold.

Institutional Investors Weigh In On ProShares UltraShort Top QQQ

A hedge fund recently bought a new position in ProShares UltraShort Top QQQ stock. BNP Paribas Financial Markets purchased a new position in shares of ProShares UltraShort Top QQQ (NASDAQ:QQDN – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 100,000 shares of the company’s stock, valued at approximately $3,662,000. BNP Paribas Financial Markets owned about 90.91% of ProShares UltraShort Top QQQ as of its most recent SEC filing.

ProShares UltraShort Top QQQ Stock Up 0.0%

QQDN stock opened at $24.25 on Tuesday. The business has a 50-day moving average of $22.57 and a 200-day moving average of $25.60. ProShares UltraShort Top QQQ has a fifty-two week low of $19.63 and a fifty-two week high of $35.03.

ProShares UltraShort Top QQQ Company Profile

(Get Free Report)

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.