Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE – Get Free Report) saw a significant drop in short interest in 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 daily volume of 28,400 shares, the days-to-cover ratio is currently 0.4 days.
Tuttle Capital Daily 2X Inverse Regional Banks ETF Stock Down 2.1 %
SKRE stock traded down $0.27 during midday trading on Friday, reaching $12.48. 46,988 shares of the company were exchanged, compared to its average volume of 29,938. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a 1-year low of $10.19 and a 1-year high of $29.25. The stock’s 50-day simple moving average is $12.47 and its 200 day simple moving average is $14.44.
Tuttle Capital Daily 2X Inverse Regional Banks ETF Announces Dividend
The business also recently disclosed a dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.4202 per share. 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.
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