Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Shares Down 2.1% – Here’s What Happened

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKREGet Free Report)’s stock price traded down 2.1% during mid-day trading on Wednesday . The stock traded as low as $6.42 and last traded at $6.46. Approximately 24,174 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 98,728 shares. The stock had previously closed at $6.60.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Trading Down 2.1%

The business has a fifty day moving average of $7.38 and a 200 day moving average of $8.00.

About Tuttle Capital Daily 2X Inverse Regional Banks ETF

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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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