Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) to Issue $0.02 Annual Dividend

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE) announced an annual dividend on Tuesday, December 23rd. Stockholders of record on Wednesday, December 24th will be given a dividend of 0.0233 per share on Friday, December 26th. This represents a dividend yield of 27.0%. The ex-dividend date of this dividend is Wednesday, December 24th.

Tuttle Capital Daily 2X Inverse Regional Banks ETF Price Performance

Shares of NASDAQ:SKRE traded down $0.03 during trading on Wednesday, reaching $8.61. 4,809 shares of the stock were exchanged, compared to its average volume of 56,651. Tuttle Capital Daily 2X Inverse Regional Banks ETF has a 1-year low of $8.39 and a 1-year high of $20.24. The stock has a fifty day moving average of $10.09 and a two-hundred day moving average of $10.53.

About Tuttle Capital Daily 2X Inverse Regional Banks ETF

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. SKRE was launched on Jan 3, 2024 and is issued by Tuttle Capital Management.