Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE – Get Free Report) fell 3.9% during mid-day trading on Monday . The stock traded as low as $8.57 and last traded at $8.98. 171,403 shares changed hands during mid-day trading, an increase of 27% from the average session volume of 135,189 shares. The stock had previously closed at $9.34.
Tuttle Capital Daily 2X Inverse Regional Banks ETF Trading Down 0.6%
The company’s 50-day moving average is $8.13 and its two-hundred day moving average is $9.22.
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. SKRE was launched on Jan 3, 2024 and is issued by Tuttle Capital Management.
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