TZA is trading at $45.05, down 4.02%, as Russell 2000 futures rose 0.67% in early trading, pressuring the leveraged inverse small-cap fund.
- TZA’s premarket decline was reported at 4.62% to $44.76.
- No TZA-specific announcement or catalyst was identified for October 2, 2026; available reporting points to the small-cap market move, rather than company news, as the clearest explanation.