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

Posted by Matthew Steigler on Oct 11th, 2024

Optimize Strategy Index ETF (NASDAQ:OPTZ – Get Free Report) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 1,400 shares, a decline of 77.0% from the September 15th total of 6,100 shares. Based on an average daily volume of 10,400 shares, the short-interest ratio is presently 0.1 days.

Optimize Strategy Index ETF Stock Down 0.2 %

OPTZ stock traded down $0.05 during trading on Thursday, reaching $28.66. 903 shares of the stock were exchanged, compared to its average volume of 133,783. The stock has a 50 day simple moving average of $27.52. The stock has a market cap of $154.76 million, a price-to-earnings ratio of -1,052.09 and a beta of 0.99. Optimize Strategy Index ETF has a 1 year low of $25.05 and a 1 year high of $28.77.

Optimize Strategy Index ETF Company Profile

(Get Free Report)

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.