ProShares UltraPro Short QQQ (SQQQ)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
38.54 USD
+0.76
(2.025%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 38.58 +0.04 (0.100%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:54 a.m. EDT
This is a high-octane tactical play for a Nasdaq rebound, not a long-term investment vehicle. The short-term outlook is exceptionally bullish due to the crowded call wall at the $40-$42 strike range; speculators are betting hard on a V-shaped recovery in the tech sector, which would cause this inverse ETF to skyrocket. However, the long-term picture is catastrophic: the asset has erased 99.94% of its value over nine years, driven by eight consecutive years of negative annual returns. The daily reset mechanism acts as a compounding tax that destroys capital during choppy markets, making it impossible to recover losses without a sustained, massive bull run. While the dividend yield appears high at 9%, it is largely an illusion of capital destruction rather than sustainable income generation. The statistical forecast model offers a weak bearish lean, but this is irrelevant against the overwhelming options flow signaling a potential short squeeze. Use this only for a few-week trade targeting a tech rally; avoid holding through earnings seasons or sideways markets. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.078575 |
| MSTL | 0.103248 |
| AutoETS | 0.131770 |
| AutoARIMA | 0.312410 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 0.62 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.167 |
| Excess Kurtosis | 0.28 |
As of Aug. 22, 2026, 4:54 a.m. EDT: Speculators are aggressively positioning for a sharp rally in the underlying index (a crash in SQQQ). Call Open Interest walls are massive at strikes 40, 42, and 45, while Put Open Interest is concentrated lower at 35-38. This distribution suggests a 'long gamma' environment where the market expects volatility to spike and prices to move significantly higher before settling, creating a dangerous squeeze risk for short sellers.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.58% | 6.28% | 6.97% | 4.63% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-24 | 0.638 | 1.577256 |
| 2026-03-25 | 0.638 | 0.829002 |
| 2025-12-24 | 1.506 | 2.309108 |
| 2025-09-24 | 1.215 | 1.564713 |
| 2025-06-25 | 1.285 | 1.241546 |
| 2025-03-26 | 2.410 | 1.382674 |
| 2024-12-23 | 4.085 | 2.809491 |
| 2024-09-25 | 3.725 | 1.994645 |
| 2024-06-26 | 4.000 | 1.955990 |
| 2024-03-20 | 4.100 | 1.572387 |
| 2023-12-20 | 7.075 | 2.012802 |
| 2023-09-20 | 8.100 | 1.673554 |
| 2023-06-21 | 6.650 | 1.324042 |
| 2023-03-22 | 5.100 | 0.602481 |
| 2022-12-22 | 3.775 | 0.280930 |
| 2020-03-25 | 40.625 | 0.280656 |
| 2019-12-24 | 67.500 | 0.477665 |
| 2019-09-25 | 115.625 | 0.580483 |
| 2019-06-25 | 152.500 | 0.675713 |
| 2019-03-20 | 72.500 | 0.284872 |
| 2018-12-26 | 257.500 | 0.594002 |
| 2018-09-26 | 167.500 | 0.586177 |
| 2018-06-20 | 102.500 | 0.313695 |
| 2018-03-21 | 87.500 | 0.211098 |
| 2017-12-26 | 75.000 | 0.141576 |
| Attribute | Value |
|---|---|
| All Time High | 13,000,000.0 |
| All Time Low | 35.72 |
| Ask | 38.33 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 39,858,120 |
| Average Daily Volume3 Month | 60,279,039 |
| Average Volume | 60,279,039 |
| Average Volume10Days | 39,858,120 |
| Beta3 Year | -3.27 |
| Bid | 38.31 |
| Bid Size | 1 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 38.75 |
| Day Low | 37.33 |
| Dividend Date | 1,530,057,600 |
| Dividend Yield | 9.13 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 39.8124 |
| Fifty Day Average Change | -1.2723999 |
| Fifty Day Average Change Percent | -0.031959888 |
| Fifty Two Week Change Percent | -58.1087 |
| Fifty Two Week High | 94.95 |
| Fifty Two Week High Change | -56.409996 |
| Fifty Two Week High Change Percent | -0.59410214 |
| Fifty Two Week Low | 35.72 |
| Fifty Two Week Low Change | 2.8199997 |
| Fifty Two Week Low Change Percent | 0.07894736 |
| Fifty Two Week Range | 35.72 - 94.95 |
| First Trade Date Milliseconds | 1,265,898,600,000 |
| Five Year Average Return | -0.450256 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.764999 |
| Fullday Change Percent | 2.02515 |
| Fullday Price | 38.5785 |
| Fund Family | ProShares |
| Fund Inception Date | 1,265,673,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified. |
| Long Name | ProShares UltraPro Short QQQ |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_98126590 |
| Nav Price | 37.7267 |
| Net Assets | 1,997,247,490.0 |
| Net Expense Ratio | 0.95 |
| Open | 38.015 |
| Post Market Change | 0.038497925 |
| Post Market Change Percent | 0.09989083 |
| Post Market Price | 38.5785 |
| Post Market Time | 1,787,961,597 |
| Previous Close | 37.775 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.764999 |
| Regular Market Change Percent | 2.02515 |
| Regular Market Day High | 38.75 |
| Regular Market Day Low | 37.33 |
| Regular Market Day Range | 37.33 - 38.75 |
| Regular Market Open | 38.015 |
| Regular Market Previous Close | 37.775 |
| Regular Market Price | 38.54 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 46,686,996 |
| Short Name | ProShares UltraPro Short QQQ |
| Source Interval | 15 |
| Symbol | SQQQ |
| Three Year Average Return | -0.5456356 |
| Total Assets | 1,997,247,488 |
| Tradeable | 0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -13.91648 |
| Trailing Three Month Returns | -13.91648 |
| Triggerable | 1 |
| Two Hundred Day Average | 57.26955 |
| Two Hundred Day Average Change | -18.72955 |
| Two Hundred Day Average Change Percent | -0.327042 |
| Type Disp | ETF |
| Volume | 46,686,996 |
| Yield | 0.0913 |
| Ytd Return | -34.62645 |