SRTY is trading at $26.86 in after-hours, up 4% from its May 22 close as small-cap stocks retreat following a sharp risk-on rally.
- The bounce in the inverse ETF follows a significant decline during the regular session, where small caps surged on news of progress in U.S.–Iran diplomatic talks.
- After-hours strength likely reflects an unwinding of aggressive small-cap positions and cautious sentiment ahead of further geopolitical and macroeconomic developments.