TZA is trading 3.00% higher at $49.75, likely reflecting hotter-than-expected September CPI and pressure on small caps. - September CPI was 3.7% year over year, above the 3.6% forecast; the report linked higher yields to small-cap pressure, and the Russell 2000 was down 1.1% premarket. - TZA targets -3x daily exposure to small caps, consistent with its gain; no TZA-specific announcement was identified. - The move follows a 1.28% gain at the October 13 close of $48.26.