Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Up 2,266.7% in November

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 14,200 shares, an increase of 2,266.7% from the October 31st total of 600 shares. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is currently 1.8 days.

Optimize Strategy Index ETF Stock Performance

Shares of NASDAQ:OPTZ traded down $0.09 on Thursday, hitting $31.11. The stock had a trading volume of 19,179 shares, compared to its average volume of 133,783. The firm’s 50 day moving average price is $29.33 and its 200-day moving average price is $27.79. Optimize Strategy Index ETF has a twelve month low of $25.05 and a twelve month high of $31.37. The company has a market capitalization of $170.48 million, a price-to-earnings ratio of -1,142.03 and a beta of 0.99.

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.