Loading…
Loading…
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.