Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Stock Price Up 1.6% – Should You Buy?

Shares of Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKREGet Free Report) traded up 1.6% during mid-day trading on Thursday . The stock traded as high as $12.69 and last traded at $12.50. 37,527 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 43,573 shares. The stock had previously closed at $12.30.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Stock Performance

The firm has a 50 day simple moving average of $12.43 and a 200 day simple moving average of $16.13.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 24th were issued a $0.4202 dividend. The ex-dividend date was Tuesday, December 24th.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Company Profile

(Get Free Report)

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.

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