🟢 DRIP is trading 2.3% up in pre-market as renewed Hormuz reopening hopes pressure crude prices

DRIP is trading at $36.74, up 2.3% in pre-market as renewed expectations for reopening the Strait of Hormuz pressure crude prices.

• The fund targets 2x inverse daily exposure to U.S. oil-and-gas exploration and production companies, making weaker energy prices supportive.
• No company-specific announcement or earnings catalyst was identified for August 28, 2026.
• The move follows DRIP’s $35.92 close on August 27, 2026.