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PSQ

BMV
625.5 MXN
2.5
0.40%
Last update Jul 11, 9:44 AM CST
Market closed
Day range
625.5
625.5
Previous close
628
Open
625.5
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ProShares Short QQQ
625.50
2.50
0.40%

Overview

Description

ProShares Short QQQ is an exchange-traded fund (ETF) designed to provide investment results that correspond to the inverse of the daily performance of the NASDAQ-100 Index. By offering short exposure, this ETF serves a strategic function for investors aiming to hedge against declines in major technology and non-financial stocks predominantly listed on the NASDAQ Stock Market. The NASDAQ-100 encompasses a broad spectrum of industries, primarily focusing on technology, biotechnology, and telecommunications. A distinctive feature of ProShares Short QQQ is its ability to provide inverse returns, making it a tactical tool for those looking to capitalize on downward market movements without engaging in traditional short selling. Investors utilize this ETF for various reasons, such as mitigating risk in a bullish portfolio, tactical asset allocation, or anticipating short-term market corrections. The role of ProShares Short QQQ in the financial market is significant as it adds flexibility for investors who seek to manage their exposure to technological equity markets, particularly during periods of volatility or economic downturns, enhancing their ability to respond to dynamic market conditions.

About

Address
Phone
Website
Instrument type
ETF
Country
Mexico
MIC code
XMEX
Market closed

Exchange is currently closed (non-working day)
Main market opens in 1 day 2 hours 17 minutes

06:12
00:00
23:59

Trading Hours (Monday - Friday):

Main market
08:30 - 15:00
All times are displayed in the America/Swift_Current timezone (CST, UTC-06:00).