Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) to Issue Dividend of $0.42

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) announced a dividend on Monday, December 23rd,NASDAQ Dividends reports. Investors of record on Tuesday, December 24th will be given a dividend of 0.4202 per share on Thursday, December 26th. The ex-dividend date is Tuesday, December 24th.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Trading Down 4.3 %

Shares of SKRE traded down $0.59 during midday trading on Tuesday, hitting $13.08. 7,387 shares of the stock were exchanged, compared to its average volume of 44,440. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a 52-week low of $10.19 and a 52-week high of $30.36. The stock has a fifty day simple moving average of $13.19 and a 200 day simple moving average of $17.86.

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.