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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)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:★☆☆☆☆
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 Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.054049
AutoARIMA0.056537
AutoETS0.058775
MSTL0.059814

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.


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 0.37

Info Dump

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