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

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 55,000 shares, a growth of 83.9% from the October 31st total of 29,900 shares. Based on an average daily volume of 42,000 shares, the days-to-cover ratio is presently 1.3 days.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Stock Performance

SKRE stock traded up $0.06 during trading on Thursday, hitting $11.07. The company had a trading volume of 36,459 shares, compared to its average volume of 46,020. The firm has a 50-day moving average price of $15.10 and a 200-day moving average price of $19.51. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a 12 month low of $10.23 and a 12 month high of $30.36.

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.