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:SKREGet Free Report) 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

(Get Free Report)

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.

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