Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Shares Up 1.6% – Still a Buy?

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKREGet Free Report) rose 1.6% on Thursday . The stock traded as high as $12.69 and last traded at $12.50. Approximately 37,527 shares traded hands during trading, a decline of 14% from the average daily volume of 43,573 shares. The stock had previously closed at $12.30.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Stock Down 3.1 %

The stock has a 50 day moving average price of $12.43 and a 200-day moving average price of $16.13.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders 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

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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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