Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Short Interest Update

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 10,300 shares, a drop of 50.0% from the January 31st total of 20,600 shares. Based on an average trading volume of 28,400 shares, the short-interest ratio is presently 0.4 days.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Price Performance

Tuttle Capital Daily 2X Inverse Regional Banks ETF stock traded down $0.27 during trading on Friday, reaching $12.48. The company had a trading volume of 46,988 shares, compared to its average volume of 29,938. The stock’s 50 day moving average price is $12.47 and its two-hundred day moving average price is $14.40. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a 12-month low of $10.19 and a 12-month high of $29.25.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 24th were paid a $0.4202 dividend. The ex-dividend date of this dividend was Tuesday, December 24th.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Company Profile

The Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund is an actively managed fund-of-funds aiming to achieve 2x the return, for a single day, of the SPDR S&P Regional Banking ETF (KRE) through swap agreements with major global financial institutions.