ProShares Ultra Top QQQ (NASDAQ:QQUP) Short Interest Up 1,858.5% in August

Posted by James Quigley on Sep 12th, 2026

ProShares Ultra Top QQQ (NASDAQ:QQUP – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 10,243 shares, a growth of 1,858.5% from the August 15th total of 523 shares. Based on an average daily volume of 2,431 shares, the short-interest ratio is currently 4.2 days. Approximately 2.2% of the company’s stock are sold short.

ProShares Ultra Top QQQ Stock Performance

Shares of ProShares Ultra Top QQQ stock traded up $1.35 during midday trading on Friday, hitting $63.32. The company had a trading volume of 1,121 shares, compared to its average volume of 8,468. ProShares Ultra Top QQQ has a 52-week low of $40.09 and a 52-week high of $70.28. The company has a 50 day moving average of $61.14 and a 200 day moving average of $57.70.

Institutional Investors Weigh In On ProShares Ultra Top QQQ

A hedge fund recently bought a new position in ProShares Ultra Top QQQ stock. BNP Paribas Financial Markets purchased a new stake in shares of ProShares Ultra Top QQQ (NASDAQ:QQUP – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 100,000 shares of the company’s stock, valued at approximately $4,389,000. BNP Paribas Financial Markets owned approximately 31.25% of ProShares Ultra Top QQQ at the end of the most recent reporting period.

ProShares Ultra Top QQQ Company Profile

(Get Free Report)

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.