Fore Capital LLC Takes $1.82 Million Position in ProShares Short QQQ (NYSEARCA:PSQ)

Fore Capital LLC acquired a new position in ProShares Short QQQ (NYSEARCA:PSQ) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 45,000 shares of the company’s stock, valued at approximately $1,822,000. ProShares Short QQQ accounts for approximately 1.2% of Fore Capital LLC’s portfolio, making the stock its 17th largest holding. Fore Capital LLC owned approximately 0.36% of ProShares Short QQQ at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Fox Hill Wealth Management increased its holdings in shares of ProShares Short QQQ by 1.1% during the first quarter. Fox Hill Wealth Management now owns 32,856 shares of the company’s stock valued at $288,000 after purchasing an additional 343 shares during the period. Oxbow Advisors LLC increased its stake in ProShares Short QQQ by 0.9% during the 1st quarter. Oxbow Advisors LLC now owns 53,490 shares of the company’s stock valued at $469,000 after buying an additional 495 shares during the period. ORG Partners LLC bought a new stake in shares of ProShares Short QQQ during the 2nd quarter worth about $71,000. PNC Financial Services Group Inc. lifted its stake in shares of ProShares Short QQQ by 85.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,630 shares of the company’s stock worth $44,000 after acquiring an additional 2,130 shares during the period. Finally, Hedges Asset Management LLC boosted its holdings in shares of ProShares Short QQQ by 1.1% in the first quarter. Hedges Asset Management LLC now owns 288,000 shares of the company’s stock valued at $2,523,000 after acquiring an additional 3,000 shares in the last quarter.

ProShares Short QQQ Trading Down 0.8 %

NYSEARCA PSQ opened at $42.60 on Wednesday. ProShares Short QQQ has a 12 month low of $38.62 and a 12 month high of $57.24. The company’s 50 day simple moving average is $41.32 and its 200 day simple moving average is $42.90.

ProShares Short QQQ Profile

ProShares Short QQQ is focused on daily investment results that correspond to the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The NASDAQ-100 Index represents non-financial domestic and international issues listed on The NASDAQ Stock Market. The Fund takes positions in financial instruments (including derivatives) that in combination should have similar daily return characteristics as the inverse of the NASDAQ-100 Index.