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$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ I don't underst...

$ProShares UltraPro Short QQQ ETF(SQQQ.US)$ I don't understand if I want to go short, I can choose the right company as my goal. Why would I choose an index to go short? The company went bankrupt and changed hands, which is a new one, but can the index go bankrupt and be delisted?
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