TZA is trading 2.68% up at $49.42, in a move consistent with weakness in small-cap futures.

  • A premarket report cited Russell 2000 futures down 0.62% alongside TZA’s rise.
  • TZA seeks three times the inverse of the Russell 2000’s daily performance, so it can respond sharply to small-cap moves.
  • No company-specific announcement was identified; other reports put Russell 2000 futures down around 0.2% before the open, with figures varying by report and time.