12%+ shorted QQQQ over the last 3 months!

12.28% was short on the QQQQ over the last 3 months.

The 3 months average volume of QID (2X short QQQQ): 14,678,700

The 3 months average volume of QQQQ: 119,491,000

Some bears never die.
They just expire worthless.

 

You're assuming they're all "short". Chances are, they have other long-biased positions elsewhere.

 

If someone is long QID for 1 year, does the capital gain/loss become long term? As far as I know, short selling always results in short term loss/gains.