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Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE)

Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
7.11 USD -0.28 (-3.791%) ⇩ (Oct. 15, 2026, 4 p.m. EDT)
Short-term:★★⯪☆☆Long-term:⯪☆☆☆☆Dividends:★☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 6:16 a.m. EDT

This instrument is a leveraged bet against a sector that has already suffered a catastrophic 37% drop over the last year. While the recent price action shows a slight bounce off the lows, the underlying thesis remains deeply flawed for any long-term holder. The fund is a daily-reset vehicle designed for short-term trading, not holding; compounding the 2x inverse leverage over a multi-year decline will inevitably lead to severe capital erosion due to volatility decay. The recent dividend is a red flag, likely a one-time distribution of accumulated losses rather than sustainable income. With the statistical forecast showing virtually no upward bias and options flow screaming 'down,' there is no safe entry here. The only logical play is to wait for a confirmed reversal in the regional banking sector before considering a contrarian position.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.040329
MSTL0.040880
AutoTheta0.055685
AutoARIMA0.075927

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 44%
H-stat 2.18
Ljung-Box p 0.000
Jarque-Bera p 0.484
Excess Kurtosis -0.69

As of Oct. 10, 2026, 6:16 a.m. EDT: Speculators are positioning heavily for a continued decline, evidenced by significant open interest in deep out-of-the-money puts (strikes at $4.00 and $2.00) relative to calls. The call side shows minimal activity, with most volume concentrated in the money or at-the-money strikes, while put writers are establishing positions far below current prices. This asymmetry suggests a bearish view on the underlying regional bank sector, which this inverse ETF tracks.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.27% 0.27% — —
Dividend History
Date Dividend Yield %
2025-12-24 0.023 0.267286
2024-12-24 0.420 3.211009
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.33

Info Dump

Attribute Value
All Time High 30.36
All Time Low 5.7
Ask 7.37
Ask Size 2
Average Daily Volume10 Day 57,550
Average Daily Volume3 Month 38,709
Average Volume 38,709
Average Volume10Days 57,550
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 7.285
Day Low 7.045
Display Name Cap 2X Inverse Regional ETF
Dividend Yield 0.33
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 6.51984
Fifty Day Average Change 0.58516026
Fifty Day Average Change Percent 0.089750715
Fifty Two Week Change Percent -35.361553
Fifty Two Week High 11.625
Fifty Two Week High Change -4.52
Fifty Two Week High Change Percent -0.3888172
Fifty Two Week Low 5.7
Fifty Two Week Low Change 1.4050002
Fifty Two Week Low Change Percent 0.24649127
Fifty Two Week Range 5.7 - 11.625
First Trade Date Milliseconds 1,704,378,600,000
Full Exchange Name NasdaqGM
Fullday Change -0.2800002
Fullday Change Percent -3.788804
Fullday Price 7.105
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 7.34
Net Assets 6,015,839.0
Net Expense Ratio 0.75
Open 7.22
Previous Close 7.385
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.2800002
Regular Market Change Percent -3.791472
Regular Market Day High 7.285
Regular Market Day Low 7.045
Regular Market Day Range 7.045 - 7.285
Regular Market Open 7.22
Regular Market Previous Close 7.385
Regular Market Price 7.105
Regular Market Time 1,792,094,400
Regular Market Volume 33,614
Short Name Tuttle Capital Daily 2X Inverse
Source Interval 15
Symbol SKRE
Total Assets 6,015,839
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 13.65079
Trailing Three Month Returns 13.65079
Triggerable 1
Two Hundred Day Average 7.306385
Two Hundred Day Average Change -0.20138502
Two Hundred Day Average Change Percent -0.02756288
Type Disp ETF
Volume 33,614
Yield 0.0033000002
Ytd Return -21.49123