Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Short Interest Down 37.0% in August

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 2,900 shares, a decrease of 37.0% from the August 15th total of 4,600 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily volume of 22,100 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 22,100 shares, the short-interest ratio is presently 0.1 days. Approximately 0.8% of the shares of the stock are short sold.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Trading Up 1.2%

SKRE traded up $0.12 on Monday, reaching $9.82. The company had a trading volume of 3,907 shares, compared to its average volume of 28,653. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a 52-week low of $9.15 and a 52-week high of $20.24. The business has a 50 day simple moving average of $10.51 and a 200 day simple moving average of $12.83.

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.