Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Trading Up 1% – Here’s What Happened

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE – Get Free Report)’s share price rose 1% during mid-day trading on Tuesday . The company traded as high as $6.35 and last traded at $6.33. 23,321 shares were traded during mid-day trading, a decline of 70% from the average session volume of 78,900 shares. The stock had previously closed at $6.27.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Trading Up 1.0%

The business’s fifty day simple moving average is $6.19 and its 200 day simple moving average is $7.27.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Company Profile

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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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