ProShares Trust UltraPro Short QQQ ETF (SQQQ) Is At $22.79 Formed Wedge; Landcadia Holdings Class A (LCA) Shorts Raised By 1800%

November 15, 2017 - By Winifred Garcia

ProShares Trust UltraPro Short QQQ ETF (SQQQ) formed wedge down with $20.74 target or 9.00% below today’s $22.79 share price. ProShares Trust UltraPro Short QQQ ETF (SQQQ) has $567.93M valuation. The ETF increased 1.06% or $0.24 during the last trading session, reaching $22.79. About 46,738 shares traded. ProShares Trust UltraPro Short QQQ ETF (NASDAQ:SQQQ) has declined 59.78% since November 15, 2016 and is downtrending. It has underperformed by 76.48% the S&P500.

Landcadia Holdings Class A (NASDAQ:LCA) had an increase of 1800% in short interest. LCA’s SI was 7,600 shares in November as released by FINRA. Its up 1800% from 400 shares previously. With 46,800 avg volume, 0 days are for Landcadia Holdings Class A (NASDAQ:LCA)’s short sellers to cover LCA’s short positions. The stock increased 0.40% or $0.04 on November 14, reaching $10.05. About shares traded. Landcadia Holdings Inc (NASDAQ:LCA) has 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Landcadia Holdings, Inc. is a blank check company. The company has market cap of $584.33 million. The Company’s business purpose is to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses. It has a 289.88 P/E ratio. The Firm focuses on investment opportunities in the dining, hospitality, entertainment and gaming industries in the United States.

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By1 Winifred Garcia




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