ProShares UltraShort QQQ (NYSEARCA:QID) Stock Price Cross Above Two Hundred Day Moving Average – What’s Next?

Posted by ABMN Staff on Feb 24th, 2026

ProShares UltraShort QQQ (NYSEARCA:QID – Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $21.14 and traded as high as $21.31. ProShares UltraShort QQQ shares last traded at $21.14, with a volume of 14,560,410 shares trading hands.

ProShares UltraShort QQQ Trading Up 2.4%

The business has a 50 day simple moving average of $20.16 and a two-hundred day simple moving average of $21.14.

Institutional Trading of ProShares UltraShort QQQ

A number of hedge funds have recently added to or reduced their stakes in the business. HRT Financial LP acquired a new position in shares of ProShares UltraShort QQQ during the 4th quarter valued at about $3,418,000. Jump Financial LLC purchased a new stake in ProShares UltraShort QQQ in the fourth quarter valued at approximately $2,157,000. Pacific Point Advisors LLC purchased a new stake in ProShares UltraShort QQQ in the third quarter valued at approximately $2,153,000. Quadrature Capital Ltd acquired a new position in ProShares UltraShort QQQ during the fourth quarter worth approximately $1,427,000. Finally, Hamilton Wealth LLC purchased a new position in ProShares UltraShort QQQ during the fourth quarter worth approximately $1,103,000.

About ProShares UltraShort QQQ

(Get Free Report)

ProShares UltraShort QQQ (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index (the Index). The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across industry groups, including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology.