Short Interest in Optimize Strategy Index ETF (NASDAQ:OPTZ) Drops By 98.2%

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 120 shares, a drop of 98.2% from the August 15th total of 6,705 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,615 shares, the short-interest ratio is currently 0.0 days.

Optimize Strategy Index ETF Price Performance

Optimize Strategy Index ETF stock traded down $0.74 during mid-day trading on Thursday, reaching $45.20. 1,109 shares of the stock traded hands, compared to its average volume of 7,328. The stock has a market capitalization of $261.26 million, a PE ratio of -1,659.26 and a beta of 1.31. Optimize Strategy Index ETF has a 12-month low of $33.27 and a 12-month high of $49.76. The business’s 50-day moving average is $46.13 and its 200-day moving average is $43.41.

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.