Short Interest in Optimize Strategy Index ETF (NASDAQ:OPTZ) Drops By 94.6%

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

Optimize Strategy Index ETF Trading Down 1.4 %

OPTZ stock traded down $0.42 during mid-day trading on Friday, hitting $29.95. 1,970 shares of the company were exchanged, compared to its average volume of 133,783. The firm has a fifty day simple moving average of $30.27 and a 200 day simple moving average of $28.39. The company has a market capitalization of $164.13 million, a PE ratio of -1,099.45 and a beta of 0.99. Optimize Strategy Index ETF has a twelve month low of $25.05 and a twelve month high of $31.72.

Optimize Strategy Index ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 24th were paid a $0.0956 dividend. The ex-dividend date was 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.