Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Sees Large Growth in Short Interest

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 13,900 shares, a growth of 35.0% from the February 13th total of 10,300 shares. Based on an average daily volume of 32,200 shares, the short-interest ratio is currently 0.4 days. Currently, 4.1% of the shares of the company are sold short.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Trading Down 4.9 %

Tuttle Capital Daily 2X Inverse Regional Banks ETF stock traded down $0.76 during mid-day trading on Friday, reaching $14.76. 17,695 shares of the company traded hands, compared to its average volume of 44,430. The firm’s fifty day moving average is $12.73 and its two-hundred day moving average is $14.11. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a fifty-two week low of $10.19 and a fifty-two week high of $29.25.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Dividend Announcement

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

About Tuttle Capital Daily 2X Inverse Regional Banks ETF

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.