Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Update

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 3,900 shares, a growth of 457.1% from the December 15th total of 700 shares. Based on an average daily volume of 7,700 shares, the days-to-cover ratio is currently 0.5 days.

Optimize Strategy Index ETF Stock Down 0.3 %

NASDAQ OPTZ traded down $0.09 on Monday, reaching $29.19. The company had a trading volume of 18,847 shares, compared to its average volume of 9,907. The stock has a market capitalization of $162.30 million, a PE ratio of -1,071.55 and a beta of 0.99. Optimize Strategy Index ETF has a 12 month low of $25.05 and a 12 month high of $31.72. The firm’s 50 day moving average price is $30.44 and its 200 day moving average price is $28.64.

Optimize Strategy Index ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, December 24th were issued a $0.0956 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. Optimize Strategy Index ETF’s dividend payout ratio (DPR) is -330.38%.

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.