Short Interest in Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Increases By 235.9%

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 13,100 shares, an increase of 235.9% from the September 30th total of 3,900 shares. Based on an average daily volume of 49,800 shares, the days-to-cover ratio is currently 0.3 days.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Stock Up 3.7 %

NASDAQ SKRE traded up $0.58 on Friday, hitting $16.34. 27,146 shares of the stock were exchanged, compared to its average volume of 45,715. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a 52-week low of $15.05 and a 52-week high of $30.36. The stock has a fifty day moving average price of $17.45 and a two-hundred day moving average price of $21.66.

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.