Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
6.24 USD
+0.02
(0.387%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 6.24 +0.01 (0.226%) ⇧ (July 13, 2026, 4:10 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:30 a.m. EDT
This instrument is a leveraged inverse ETF designed to profit from the collapse of regional banks, and the data confirms the thesis is currently playing out: the fund has lost over half its value in just one year as the sector stabilized rather than crashed. The recent price action shows a relentless grind lower, trading well below its moving averages, which aligns with the statistical forecast predicting further downside. While the options market is pricing in a potential V-shape recovery if the banking sector turns, the underlying momentum remains deeply bearish. The dividend is negligible and unreliable, typical for a leveraged vehicle, and the long-term outlook is structurally negative because the fund's purpose is to lose money when the benchmark rises. Investors holding this are essentially betting against the recovery of the US regional banking sector, a bet that appears increasingly difficult to sustain given the recent market behavior. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.054049 |
| AutoARIMA | 0.056537 |
| AutoETS | 0.058775 |
| MSTL | 0.059814 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 2.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.220 |
| Excess Kurtosis | -0.52 |
As of July 11, 2026, 4:30 a.m. EDT: Speculators are positioning for continued weakness with heavy out-of-the-money call buying at strikes significantly above current prices (9.0 and 11.0), suggesting a bet on a sharp rebound if regional banks stabilize. Conversely, deep in-the-money put open interest at 4.0 indicates a floor is expected, while the near-term expiration shows almost zero speculative volume, reflecting a lack of immediate directional conviction beyond the existing trend.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.27% | 0.27% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-24 | 0.023 | 0.267286 |
| 2024-12-24 | 0.420 | 3.211009 |
| Attribute | Value |
|---|---|
| All Time High | 30.36 |
| All Time Low | 6.0 |
| Ask | 6.25 |
| Ask Size | 10 |
| Average Daily Volume10 Day | 24,310 |
| Average Daily Volume3 Month | 44,419 |
| Average Volume | 44,419 |
| Average Volume10Days | 24,310 |
| Beta3 Year | 0.0 |
| Bid | 6.23 |
| Bid Size | 10 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 6.32 |
| Day Low | 6.23 |
| Dividend Yield | 0.37 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.1185 |
| Fifty Day Average Change | -0.87440014 |
| Fifty Day Average Change Percent | -0.12283488 |
| Fifty Two Week Change Percent | -39.46602 |
| Fifty Two Week High | 12.371 |
| Fifty Two Week High Change | -6.1269 |
| Fifty Two Week High Change Percent | -0.49526313 |
| Fifty Two Week Low | 6.0 |
| Fifty Two Week Low Change | 0.2441001 |
| Fifty Two Week Low Change Percent | 0.040683348 |
| Fifty Two Week Range | 6.0 - 12.371 |
| First Trade Date Milliseconds | 1,704,378,600,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Tuttle Capital Management, LLC |
| Fund Inception Date | 1,704,240,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-01-04 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200% inverse (opposite) exposure to the price performance of the KRE ETF on a daily basis. The fund advisor seeks daily leveraged inverse investment results and the fund is very different from most other exchange-traded funds and presents different and greater risks. The fund is non-diversified. |
| Long Name | Tuttle Capital Daily 2X Inverse Regional Banks ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1849248495 |
| Nav Price | 6.25 |
| Net Assets | 5,229,943.0 |
| Net Expense Ratio | 0.75 |
| Open | 6.27 |
| Post Market Change | 0.014100075 |
| Post Market Change Percent | 0.22632544 |
| Post Market Price | 6.2441 |
| Post Market Time | 1,783,973,404 |
| Previous Close | 6.22 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.024100304 |
| Regular Market Change Percent | 0.3874647 |
| Regular Market Day High | 6.32 |
| Regular Market Day Low | 6.23 |
| Regular Market Day Range | 6.23 - 6.32 |
| Regular Market Open | 6.27 |
| Regular Market Previous Close | 6.22 |
| Regular Market Price | 6.2441 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 8,814 |
| Short Name | Tuttle Capital Daily 2X Inverse |
| Source Interval | 15 |
| Symbol | SKRE |
| Total Assets | 5,229,943 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -26.65891 |
| Trailing Three Month Returns | -26.65891 |
| Triggerable | 1 |
| Two Hundred Day Average | 8.52968 |
| Two Hundred Day Average Change | -2.2855802 |
| Two Hundred Day Average Change Percent | -0.26795614 |
| Type Disp | ETF |
| Volume | 8,814 |
| Yield | 0.0037 |
| Ytd Return | -30.92105 |