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

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 337 shares, a decrease of 90.6% from the February 12th total of 3,603 shares. Based on an average trading volume of 7,577 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 7,577 shares, the days-to-cover ratio is presently 0.0 days.

Optimize Strategy Index ETF Trading Down 1.7%

Optimize Strategy Index ETF stock traded down $0.63 during trading on Tuesday, hitting $36.76. The company had a trading volume of 203 shares, compared to its average volume of 9,694. Optimize Strategy Index ETF has a 1-year low of $23.25 and a 1-year high of $38.95. The company’s 50 day simple moving average is $37.72 and its 200-day simple moving average is $36.08. The stock has a market cap of $208.06 million, a price-to-earnings ratio of -1,349.44 and a beta of 1.32.

Optimize Strategy Index ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, December 24th. Stockholders 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 was Tuesday, December 23rd. Optimize Strategy Index ETF’s dividend payout ratio (DPR) is currently -330.38%.

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.