Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Short Interest Update

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE – Get Free Report) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 7,034 shares, a decrease of 75.6% from the April 30th total of 28,802 shares. Based on an average trading volume of 45,938 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.5% of the shares of the stock are sold short.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Price Performance

Shares of NASDAQ:SKRE traded down $0.01 during midday trading on Friday, hitting $7.45. The company had a trading volume of 25,301 shares, compared to its average volume of 108,921. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a twelve month low of $6.87 and a twelve month high of $13.78. The business’s 50-day simple moving average is $7.89 and its 200-day simple moving average is $8.42.

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Tuttle Capital Daily 2X Inverse Regional Banks ETF Company Profile

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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. SKRE was launched on Jan 3, 2024 and is issued by Tuttle Capital Management.

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