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

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 3,300 shares, a drop of 85.0% from the November 30th total of 22,000 shares. Based on an average daily trading volume, of 36,200 shares, the short-interest ratio is presently 0.1 days.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Stock Performance

SKRE stock traded down $0.05 on Thursday, reaching $13.03. The company’s stock had a trading volume of 3,981 shares, compared to its average volume of 44,275. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a 12-month low of $10.19 and a 12-month high of $30.36. The business has a fifty day simple moving average of $13.09 and a two-hundred day simple moving average of $17.73.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, December 24th will be issued a $0.4202 dividend. The ex-dividend date is 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.