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

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 8,600 shares, a growth of 514.3% from the September 30th total of 1,400 shares. Based on an average daily trading volume, of 10,100 shares, the days-to-cover ratio is presently 0.9 days.

Optimize Strategy Index ETF Price Performance

Shares of OPTZ traded up $0.12 during mid-day trading on Friday, hitting $28.85. The company’s stock had a trading volume of 2,424 shares, compared to its average volume of 133,783. The business has a 50-day moving average of $28.07. The stock has a market capitalization of $156.94 million, a price-to-earnings ratio of -1,054.73 and a beta of 0.99. Optimize Strategy Index ETF has a 1-year low of $25.05 and a 1-year high of $29.30.

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.