TECS is trading 4.93% lower at $59.35 as technology shares rebound, weighing on its inverse strategy.

  • TECS seeks three-times the inverse of the daily performance of a technology index.
  • Reuters reported U.S. stock futures rose October 19 as AI-related shares recovered from the prior week’s selloff; lower oil prices and Treasury yields supported sentiment.
  • No TECS-specific announcement explaining the move surfaced.