Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Short Interest Up 35.0% in February

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 13,900 shares, an increase of 35.0% from the February 13th total of 10,300 shares. Based on an average trading volume of 32,200 shares, the days-to-cover ratio is presently 0.4 days. Currently, 4.1% of the shares of the stock are sold short.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Price Performance

Shares of Tuttle Capital Daily 2X Inverse Regional Banks ETF stock traded down $0.01 during mid-day trading on Monday, hitting $14.75. 736 shares of the stock were exchanged, compared to its average volume of 44,255. The company has a 50-day simple moving average of $12.73 and a 200 day simple moving average of $14.09. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a twelve month low of $10.19 and a twelve month high of $29.25.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.4202 per share. The ex-dividend date was Tuesday, December 24th.

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.