Trading--Inverse Equity
SQQQ
ProShares UltraPro Short QQQ
$37.40-3.36%
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About ProShares UltraPro Short QQQ
SQQQ is an inverse leveraged ETF that aims to return 3x the opposite of the Nasdaq-100's daily performance. If QQQ drops 1%, SQQQ tries to gain 3%. Traders use it to bet against tech stocks or hedge their portfolio. It is designed for single-day trades, not long-term holding.
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