Shares of ProShares UltraPro Short QQQ (SQQQ) Sees Large Inflow of Net Money Flow

ProShares UltraPro Short QQQ (SQQQ) had a weak trading session and its shares were last down at $43.7, down -1.11% or -2.48 points. The trading data also revealed that the total net flow stood at $0.29 million as the shares had $1.4 million in upticks but lost $1.1 million in downticks. The up/down ratio was 1.27. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of 0.39% in the shares.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

ProShares UltraPro Short QQQ has lost 0.05% in the last five trading days and dropped 15.79% in the last 4 weeks. ProShares UltraPro Short QQQ has dropped 21.12% during the last 3-month period . Year-to-Date the stock performance stands at -15.79%. ProShares UltraPro Short QQQ (NASDAQ:SQQQ) witnessed a decline in the market cap on Wednesday as its shares dropped 2.05% or 0.92 points. After the session commenced at $43.92, the stock reached the higher end at $44.52 while it hit a low of $43.65. With the volume soaring to 2,494,577 shares, the last trade was called at $43.89. The company has a 52-week high of $48.21. The company has a market cap of $2,076 million and there are 47,299,000 shares in outstanding. The 52-week low of the share price is $11.66.

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