Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
6.34 USD
+0.04
(0.581%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Aug. 22, 2026, 3:23 a.m. EDT
This instrument is a leveraged inverse play on regional banks, currently trading near its 52-week lows after a catastrophic 48% decline over the past year. The recent price action shows a fragile recovery attempt, with the stock hovering near its 50-day moving average but still significantly below the 200-day line, suggesting the broader trend remains bearish. The lack of meaningful price history (only one full year of data) prevents a long-term fundamental assessment, leaving the investment thesis entirely dependent on the cyclical rotation back into regional banking. Dividends are negligible and unreliable, offering no cushion against volatility. While the statistical forecast model leans slightly negative, its low confidence makes it irrelevant compared to the structural weakness in the underlying asset class. For a short-term trader, the heavy put volume indicates fear of further declines in the bank sector, which could fuel a bounce in this inverse ETF, but the lack of strong momentum signals keeps the outlook neutral. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.024500 |
| AutoTheta | 0.027162 |
| MSTL | 0.030088 |
| AutoARIMA | 0.036571 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 4.62 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.102 |
| Excess Kurtosis | -0.05 |
As of Aug. 22, 2026, 3:23 a.m. EDT: Speculators are positioning for continued weakness in the underlying regional banks, evidenced by heavy out-of-the-money put open interest at deep strikes ($3.00 and $4.00) for the December expiration. This suggests a bet on a significant drop in the index, which would drive the inverse ETF higher. Conversely, call activity is sparse and concentrated at lower strikes, indicating limited bullish conviction for a rally in the bank sector.
| 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 | 5.7 |
| Ask | 7.37 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 24,290 |
| Average Daily Volume3 Month | 27,866 |
| Average Volume | 27,866 |
| Average Volume10Days | 24,290 |
| Beta3 Year | 0.0 |
| Bid | 4.12 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 6.38 |
| Day Low | 6.241 |
| Dividend Yield | 0.38 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.16496 |
| Fifty Day Average Change | 0.17163992 |
| Fifty Day Average Change Percent | 0.027841207 |
| Fifty Two Week Change Percent | -34.467422 |
| Fifty Two Week High | 11.92 |
| Fifty Two Week High Change | -5.5834002 |
| Fifty Two Week High Change Percent | -0.46840605 |
| Fifty Two Week Low | 5.7 |
| Fifty Two Week Low Change | 0.6366 |
| Fifty Two Week Low Change Percent | 0.11168422 |
| Fifty Two Week Range | 5.7 - 11.92 |
| First Trade Date Milliseconds | 1,704,378,600,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.029999733 |
| Fullday Change Percent | 0.47618622 |
| 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 | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1849248495 |
| Nav Price | 6.33 |
| Net Assets | 5,092,805.0 |
| Net Expense Ratio | 0.75 |
| Open | 6.29 |
| Previous Close | 6.3 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.036599636 |
| Regular Market Change Percent | 0.58094656 |
| Regular Market Day High | 6.38 |
| Regular Market Day Low | 6.241 |
| Regular Market Day Range | 6.241 - 6.38 |
| Regular Market Open | 6.29 |
| Regular Market Previous Close | 6.3 |
| Regular Market Price | 6.3366 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 10,145 |
| Short Name | Tuttle Capital Daily 2X Inverse |
| Source Interval | 15 |
| Symbol | SKRE |
| Total Assets | 5,092,805 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -18.32884 |
| Trailing Three Month Returns | -18.32884 |
| Triggerable | 1 |
| Two Hundred Day Average | 7.75263 |
| Two Hundred Day Average Change | -1.4160304 |
| Two Hundred Day Average Change Percent | -0.18265161 |
| Type Disp | ETF |
| Volume | 10,145 |
| Yield | 0.0038 |
| Ytd Return | -33.55263 |