Short Interest in Optimize Strategy Index ETF (NASDAQ:OPTZ) Decreases By 98.2%

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 120 shares, a drop of 98.2% from the August 15th total of 6,705 shares. Based on an average daily volume of 2,615 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Optimize Strategy Index ETF Stock Performance

Shares of OPTZ stock traded up $0.35 during mid-day trading on Friday, hitting $45.55. The company’s stock had a trading volume of 9,114 shares, compared to its average volume of 7,339. The company has a market cap of $263.28 million, a PE ratio of -1,672.15 and a beta of 1.31. The company’s fifty day simple moving average is $46.10 and its 200-day simple moving average is $43.42. Optimize Strategy Index ETF has a 52 week low of $33.27 and a 52 week high of $49.76.

Optimize Strategy Index ETF Company Profile

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.