SQQQ Stock Summary and Trading Ideas (ProShares Ultrapro Short QQQ | NASDAQ:SQQQ)

ProShares UltraPro Short QQQ seeks daily investment results before fees and expenses that correspond to triple (300%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index .

ProShares Ultrapro Short QQQ trades on the NASDAQ stock market under the symbol SQQQ.

As of April 9, 2026, SQQQ stock price climbed to $70.21 with 10,430,472 million shares trading.

SQQQ has a beta of -3.67, meaning it tends to be less sensitive to market movements. SQQQ has a correlation of 0.91 to the broad based SPY ETF.

SQQQ has a market cap of $2.64 billion. This is considered a Mid Cap stock.

In the last 3 years, SQQQ traded as high as $818.25 and as low as $61.72.

SQQQ has underperformed the market in the last year with a price return of -71.7% while the SPY ETF gained +37.2%. However, in the short term, SQQQ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.4% vs -2.0% return in SPY. But in the last 2 weeks, SQQQ shares have been beat by the market, returning -8.8% compared to an SPY return of +2.6%.

SQQQ support price is $66.15 and resistance is $72.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SQQQ shares will trade within this expected range on the day.