TZA is trading at $46.20, 2.98% up, amid declines in the S&P 500 and Nasdaq. - As a leveraged inverse small-cap fund, TZA can rise when the Russell 2000 falls. - Russell 2000 futures were slightly higher in pre-open reporting, so current small-cap weakness is not independently confirmed by those reports. - No TZA-specific announcement was found.