Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE – Get Free Report) shot up 1.8% during mid-day trading on Wednesday . The company traded as high as $7.47 and last traded at $7.44. 231,492 shares traded hands during mid-day trading, an increase of 110% from the average session volume of 110,461 shares. The stock had previously closed at $7.31.
Tuttle Capital Daily 2X Inverse Regional Banks ETF Price Performance
The stock’s 50-day moving average price is $7.96 and its 200-day moving average price is $8.45.
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. SKRE was launched on Jan 3, 2024 and is issued by Tuttle Capital Management.
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