Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Update

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 2,300 shares, an increase of 43.8% from the January 31st total of 1,600 shares. Based on an average daily trading volume, of 6,800 shares, the days-to-cover ratio is presently 0.3 days.

Optimize Strategy Index ETF Stock Performance

Shares of Optimize Strategy Index ETF stock traded down $0.60 on Monday, reaching $28.36. The company had a trading volume of 713 shares, compared to its average volume of 5,490. The firm’s 50 day moving average price is $30.06 and its two-hundred day moving average price is $29.45. Optimize Strategy Index ETF has a 52-week low of $25.05 and a 52-week high of $31.72. The firm has a market cap of $157.68 million, a PE ratio of -1,041.08 and a beta of 0.99.

Optimize Strategy Index ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 24th were given a $0.0956 dividend. The ex-dividend date was Tuesday, December 24th. Optimize Strategy Index ETF’s payout ratio is -330.38%.

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.