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The triple-short Nasdaq 100 ETF is the most active stock on U.S. exchanges

·1 min read
The triple-short Nasdaq 100 ETF is the most active stock on U.S. exchanges
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The ProShares UltraPro Short QQQ ETF dropped 3.0% on heavy volume in midday trading Thursday, as the Invesco QQQ ETF , which tracks the Nasdaq 100 , jumps 0.9%, with 85 of its 103 equity components gaining ground. Trading volume in the UltraPro Short QQQs, which aims to return triple the inverse of the technology-heavy Nasdaq 100's performance, ballooned to 164.9 million shares, which is already more than the full-day average of about 124.5 million shares, and enough to make the triple-short QQQ