The ProShares UltraPro Short QQQ (SQQQ) experienced a significant week-over-week inflow of approximately $288.3 million, resulting in a 10.6% increase in outstanding units, rising from 147,767,690 to 163,417,690.
Over the past year, SQQQ has fluctuated between a low of $18.24 and a high of $57.95, with the latest trade recorded at $18.86.
This notable uptick in units suggests increased investor demand, prompting purchasing activity in the underlying components of the ETF.