Optimize Strategy Index ETF (NASDAQ:OPTZ) Shares Shorted: Short Interest Up 13,311.1% in October

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 3,621 shares, a growth of 13,311.1% from the September 30th total of 27 shares. Based on an average daily volume of 3,070 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.0% of the shares of the company are short sold.

Optimize Strategy Index ETF Price Performance

Shares of NASDAQ OPTZ traded up $0.40 during midday trading on Monday, hitting $43.78. 512 shares of the company’s stock were exchanged, compared to its average volume of 7,209. The stock’s 50 day moving average price is $45.44 and its 200-day moving average price is $45.14. The firm has a market cap of $380.89 million, a P/E ratio of -1,607.14 and a beta of 1.31. Optimize Strategy Index ETF has a twelve month low of $33.27 and a twelve month 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.