TZA is trading 2.07% down at $49.59 as investors bought back into stocks after the previous session’s sell-off.
- No company-specific announcement surfaced. The October jobs report was stronger than expected, while technology shares rallied, lifting the Nasdaq and S&P 500.
- As a leveraged inverse small-cap ETF, TZA can face pressure when equity sentiment strengthens.
- TZA had risen 13.75% on November 5, before today’s pullback.