Optimize Strategy Index ETF (NASDAQ:OPTZ) Sees Significant Decline in Short Interest

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 172 shares, a decline of 72.1% from the June 15th total of 617 shares. Based on an average daily trading volume, of 4,023 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Optimize Strategy Index ETF Stock Performance

Shares of OPTZ traded up $0.03 during mid-day trading on Friday, hitting $47.46. The company’s stock had a trading volume of 3,886 shares, compared to its average volume of 7,808. Optimize Strategy Index ETF has a one year low of $30.86 and a one year high of $49.76. The firm has a market capitalization of $272.42 million, a PE ratio of -1,742.23 and a beta of 1.26. The stock’s 50-day moving average is $46.01 and its two-hundred day moving average is $40.76.

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.