🔴 SRTY ETF (SRTY) is trading 5.1% down today as small-cap stocks rebound on stronger U.S. equity futures

SRTY ETF (SRTY) is trading at $24.50 (-5.11%) as gains in small-cap stocks and broad market futures push the inverse fund lower.

• As a -3x inverse Russell 2000 ETF, the fund is directly pressured by the current constructive risk appetite and upward-pointing major index futures.
• The move appears to be a broad market rebound in small caps rather than an SRTY-specific catalyst, as there are no major macro data releases driving the shift.