Optimize Strategy Index ETF (NASDAQ:OPTZ) Shares Shorted: Short Interest Down 69.7% in September

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 27 shares, a decline of 69.7% from the September 15th total of 89 shares. Based on an average daily volume of 10,420 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Optimize Strategy Index ETF Price Performance

OPTZ traded down $0.63 during midday trading on Monday, hitting $45.41. 61 shares of the company’s stock traded hands, compared to its average volume of 7,262. The company has a market cap of $395.06 million, a PE ratio of -1,666.94 and a beta of 1.31. The stock’s fifty day simple moving average is $45.98 and its 200-day simple moving average is $44.59. Optimize Strategy Index ETF has a one year low of $33.27 and a one year high of $49.76.

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.