Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Short Interest Update

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 66,600 shares, a growth of 209.8% from the March 15th total of 21,500 shares. Based on an average daily volume of 35,600 shares, the short-interest ratio is presently 1.9 days. Currently, 23.8% of the company’s stock are short sold.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Price Performance

Shares of SKRE stock opened at $16.89 on Thursday. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a 12 month low of $10.19 and a 12 month high of $29.06. The company’s fifty day simple moving average is $14.48 and its 200-day simple moving average is $13.83.

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.