

ProShares UltraShort Top QQQ (NASDAQ: QQDN - Get Free Report) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 2,211 shares, a growth of 1,985.8% from the January 29th total of 106 shares. Approximately 4.4% of the company's shares are short sold. Based on

ProShares UltraShort Top QQQ (NASDAQ: QQDN - Get Free Report) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 3,656 shares, an increase of 226.1% from the November 30th total of 1,121 shares. Approximately 3.3% of the shares of the stock are short sold.

2025 has so far been a big year for leveraged ETFs. I wrote a research note on leveraged ETFs earlier this year (read more here) where I discussed some trends in the leveraged ETF market.

QQDN is a new leveraged ETF targeting -2x daily performance of the Nasdaq-100 Mega Index, designed for short-term speculation or hedging. Leveraged ETFs like QQDN are not suitable for long-term holding due to daily resets, derivative time decay, and volatility drag. Liquidity and trading volume are currently limited, so bid/ask spreads may be wide until the fund gains size and activity.
SEC filings for QQDN aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.