🟢 KORU is trading 10% up today on short-covering after regulatory-driven selloff

KORU is trading 10% up today as the 3x leveraged South Korea equity ETF rebounds sharply from an extreme regulatory-driven selloff in prior sessions.

• Short-covering and stabilization in South Korean risk sentiment are driving the recovery following heavy pressure on Korean chipmakers and leveraged products.
• The ETF’s leveraged structure is magnifying the relief rally as traders cover positions and volatility eases across the South Korean equity market and memory-chip sector.
• The move marks a significant turnaround after recent volatility triggered by regulatory concerns and sector-wide selling.