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

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 21,500 shares, a growth of 54.7% from the February 28th total of 13,900 shares. Based on an average trading volume of 31,700 shares, the days-to-cover ratio is currently 0.7 days. Approximately 6.3% of the company’s shares are sold short.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Trading Up 5.0 %

SKRE stock traded up $0.70 during midday trading on Friday, reaching $14.69. 67,984 shares of the company traded hands, compared to its average volume of 44,042. The business has a 50 day moving average of $12.94 and a 200-day moving average of $13.86. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a 52-week low of $10.19 and a 52-week high of $29.25.

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.