ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ) Short Interest Down 28.6% in March

Posted by Stanley Muller on Apr 18th, 2025

ProShares Nasdaq-100 High Income ETF (NASDAQ:IQQQ – Get Free Report) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 58,300 shares, a decrease of 28.6% from the March 15th total of 81,700 shares. Based on an average trading volume of 33,400 shares, the days-to-cover ratio is presently 1.7 days. Approximately 2.0% of the company’s shares are short sold.

Institutional Investors Weigh In On ProShares Nasdaq-100 High Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. bought a new position in shares of ProShares Nasdaq-100 High Income ETF in the 4th quarter valued at about $51,000. Aptus Capital Advisors LLC acquired a new stake in shares of ProShares Nasdaq-100 High Income ETF in the 4th quarter valued at approximately $79,000. Pitti Group Wealth Management LLC acquired a new stake in shares of ProShares Nasdaq-100 High Income ETF in the 4th quarter valued at approximately $237,000. Focus Partners Wealth acquired a new position in ProShares Nasdaq-100 High Income ETF during the fourth quarter worth $299,000. Finally, Integrated Wealth Concepts LLC bought a new stake in ProShares Nasdaq-100 High Income ETF during the fourth quarter worth $406,000.

ProShares Nasdaq-100 High Income ETF Stock Performance

Shares of IQQQ opened at $35.22 on Friday. The firm has a market cap of $106.36 million, a P/E ratio of 27.75 and a beta of 1.21. ProShares Nasdaq-100 High Income ETF has a twelve month low of $33.00 and a twelve month high of $45.21. The firm’s 50 day moving average price is $39.64 and its two-hundred day moving average price is $41.75.

ProShares Nasdaq-100 High Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, April 7th. Investors of record on Tuesday, April 1st were issued a dividend of $0.9041 per share. This is a boost from ProShares Nasdaq-100 High Income ETF’s previous dividend of $0.28. The ex-dividend date was Tuesday, April 1st.

About ProShares Nasdaq-100 High Income ETF

(Get Free Report)

The ProShares Nasdaq-100 High Income ETF (IQQQ) is an exchange-traded fund that is based on the Nasdaq-100 Daily Covered Call index. The fund tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.