Short Interest in Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Declines By 85.0%

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 3,300 shares, a decrease of 85.0% from the November 30th total of 22,000 shares. Based on an average daily trading volume, of 36,200 shares, the days-to-cover ratio is currently 0.1 days.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Stock Up 3.4 %

Shares of NASDAQ:SKRE traded up $0.44 during trading on Friday, reaching $13.28. The stock had a trading volume of 11,938 shares, compared to its average volume of 44,158. The firm’s 50-day simple moving average is $13.04 and its 200 day simple moving average is $17.70. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a one year low of $10.19 and a one year high of $30.36.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Dividend Announcement

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

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.