Short Interest in Optimize Strategy Index ETF (NASDAQ:OPTZ) Decreases By 78.0%

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 2,024 shares, a decline of 78.0% from the December 15th total of 9,211 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 9,077 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 9,077 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Optimize Strategy Index ETF Stock Up 0.2%

Shares of Optimize Strategy Index ETF stock traded up $0.08 during trading hours on Tuesday, hitting $37.45. The company’s stock had a trading volume of 357 shares, compared to its average volume of 6,765. Optimize Strategy Index ETF has a 1-year low of $23.25 and a 1-year high of $37.45. The business has a fifty day moving average of $35.89 and a 200 day moving average of $34.40. The company has a market capitalization of $208.22 million, a PE ratio of -1,374.77 and a beta of 1.32.

Optimize Strategy Index ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were given a $0.2103 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a yield of 58.0%. Optimize Strategy Index ETF’s dividend payout ratio (DPR) is -330.38%.

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.