ProShares UltraShort Top QQQ (NASDAQ:QQDN) Stock Price Down 2.7% – Should You Sell?

Posted by ABMN Staff on Jun 19th, 2026

ProShares UltraShort Top QQQ (NASDAQ:QQDN – Get Free Report) shares were down 2.7% during trading on Thursday . The company traded as low as $22.66 and last traded at $22.94. Approximately 41 shares were traded during trading, a decline of 99% from the average session volume of 3,375 shares. The stock had previously closed at $23.58.

ProShares UltraShort Top QQQ Stock Performance

The company has a 50 day simple moving average of $22.71 and a two-hundred day simple moving average of $26.04.

Institutional Investors Weigh In On ProShares UltraShort Top QQQ

A hedge fund recently bought a new stake in ProShares UltraShort Top QQQ stock. BNP Paribas Financial Markets purchased a new position in ProShares UltraShort Top QQQ (NASDAQ:QQDN – Free Report) during the 2nd quarter, according to the company in its most recent filing 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 90.91% of ProShares UltraShort Top QQQ at the end of the most recent quarter.

About ProShares UltraShort Top QQQ

(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.