Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) Trading 1.1% Higher – Should You Buy?

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKREGet Free Report)’s share price traded up 1.1% on Friday . The company traded as high as $8.74 and last traded at $8.65. 121,877 shares were traded during trading, an increase of 114% from the average session volume of 56,904 shares. The stock had previously closed at $8.56.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Price Performance

The company’s fifty day moving average is $10.32 and its 200-day moving average is $10.78.

About Tuttle Capital Daily 2X Inverse Regional Banks ETF

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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.

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