Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Up 3,614.4% in February

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 3,603 shares, a growth of 3,614.4% from the January 29th total of 97 shares. Based on an average trading volume of 8,726 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 8,726 shares, the short-interest ratio is currently 0.4 days.

Optimize Strategy Index ETF Trading Down 0.3%

OPTZ stock traded down $0.12 during midday trading on Wednesday, hitting $38.60. 73 shares of the company’s stock were exchanged, compared to its average volume of 9,937. The business has a 50-day simple moving average of $37.44 and a two-hundred day simple moving average of $35.75. The stock has a market capitalization of $218.48 million, a PE ratio of -1,416.98 and a beta of 1.32. Optimize Strategy Index ETF has a 1-year low of $23.25 and a 1-year high of $38.93.

Optimize Strategy Index ETF Announces Dividend

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