ProShares ProShares UltraShort QQQ Breaks Below 200-Day Moving Average - Notable for QID

In trading on Wednesday, shares of the ProShares ProShares UltraShort QQQ ETF (QID) crossed below their 200 day moving average of $41.73, changing hands as low as $41.56 per share. ProShares ProShares UltraShort QQQ shares are currently trading down about 5.4% on the day..