🔴 Bloom Energy 2X Short ETF (BEZ) is trading 3.5% down as Bloom rebounds after rebalance

BEZ is trading at $5.46 (-3.53%) as Bloom Energy rebounds, pressuring the inverse ETF.

• BEZ targets approximately -200% of Bloom Energy’s daily performance; Bloom traded as high as $282.00 and was reported at $275.00, recovering from its intraday low.
• The move follows Bloom’s S&P 500 inclusion effective September 21, which generated index-rebalance demand after an initial pre-inclusion selloff.
• Broader equities are modestly higher, but the key catalyst is Bloom-specific sector/index activity.