Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Down 94.6% in December

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 700 shares, a decline of 94.6% from the November 30th total of 13,000 shares. Based on an average daily volume of 7,400 shares, the short-interest ratio is presently 0.1 days.

Optimize Strategy Index ETF Price Performance

NASDAQ OPTZ traded up $0.15 during mid-day trading on Thursday, hitting $30.24. The company’s stock had a trading volume of 3,950 shares, compared to its average volume of 133,783. The firm has a market capitalization of $165.72 million, a P/E ratio of -1,110.09 and a beta of 0.99. Optimize Strategy Index ETF has a 52-week low of $25.05 and a 52-week high of $31.72. The stock’s fifty day simple moving average is $30.22 and its two-hundred day simple moving average is $28.37.

Optimize Strategy Index ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Thursday, December 26th. Stockholders of record on Tuesday, December 24th will be paid a $0.0956 dividend. The ex-dividend date of this dividend is Tuesday, December 24th.

About Optimize Strategy Index ETF

The Optimize Strategy Index ETF (OPTZ) is an exchange-traded fund that is based on the Optimize Strategy index. The fund aims to track an index of broad market US equities, choosing large- and small-cap firms perceived to have strong quality and momentum characteristics. Weighting is tiered, using a modified market-cap method OPTZ was launched on Apr 23, 2024 and is issued by Optimize.