SRTY ETF (SRTY) is trading at $24.60 (+2.5%) as a broader risk-off tone in small-cap stocks lifts the inverse fund.
- The move is driven by index-level weakness in the Russell 2000, with investors rotating away from growth-sensitive names.
- As a 3x inverse Russell 2000 ETF, the fund gains when small-cap trading weakens; no specific news or catalyst was identified for the ETF itself.