🟢 Trading--Inverse Equity ETF (SNDQ) is trading 3.23% up as SanDisk declines

SNDQ is trading at $17.24, up 3.23% from the August 26 close as SanDisk weakens during the August 27 session.

• The fund targets approximately -200% of SanDisk’s daily performance, so the gain indicates renewed weakness in SanDisk.
• Nvidia’s strong outlook initially lifted AI and memory sentiment.
• Subsequent volatility and profit-taking in SanDisk appear to have supported the inverse ETF, consistent with its leveraged inverse relationship.