Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Trading 1.8% Higher – Time to Buy?

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKREGet Free Report) traded up 1.8% on Wednesday . The stock traded as high as $7.47 and last traded at $7.44. 231,492 shares changed hands during 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 has a fifty day moving average price of $7.93 and a 200 day moving average price of $8.42.

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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