Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE – Get Free Report) shares were down 2% during trading on Thursday. The stock traded as low as $6.38 and last traded at $6.4870. Approximately 22,784 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 72,883 shares. The stock had previously closed at $6.62.
Tuttle Capital Daily 2X Inverse Regional Banks ETF Stock Up 2.5%
The company’s 50 day simple moving average is $6.71 and its two-hundred day simple moving average is $7.20.
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. SKRE was launched on Jan 3, 2024 and is issued by Tuttle Capital Management.
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