Proshares Short High Yield Price & Performance (SJB)

Shares of ProShares UltraShort S&P500 (NYSEARCA:SDS) closed above their 200-day moving average on Friday, reaching $21.34. This marks a significant shift as the ETF's 200-day average stands at $19.97. Institutional interest has been rising, with several firms adding positions in recent months, reflecting broader market caution.12

ProShares UltraPro Short QQQ (NASDAQ:SQQQ) saw a notable price increase of 7.2% recently, trading at $32.58. The ETF, which offers triple-leveraged inverse exposure to the NASDAQ-100, also announced a dividend increase to $0.8168. This move highlights its appeal to bearish investors amid volatile tech market conditions.34

Investor pessimism has surged to levels not seen since the Great Recession, according to the latest AAII survey. Vulnerabilities in tech and momentum trades are driving this sentiment. Leveraged inverse ETFs, such as those targeting tech-heavy indices, are gaining traction as traders seek short-term opportunities in a volatile market.56