Shares of ProShares UltraPro Short QQQ ( NASDAQ:SQQQ – Get Rating ) shot up 4.5% on Thursday . The company traded as high as $39.18 and last traded at $39.09. 127,246,951 shares changed hands during trading, a decline of 3% from the average session volume of 131,696,828 shares. The stock had previously closed at $37.41. ProShares UltraPro Short QQQ Price Performance The stock has a 50 day moving average price of $42.30 and a 200 day moving average price of $47.35. The firm also recently declared a quarterly dividend, which was paid on Friday, December 30th.

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