Optimize Strategy Index ETF (NASDAQ:OPTZ – Get Free Report) was the target of a significant 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 trading volume, of 7,700 shares, the short-interest ratio is presently 0.5 days.
Optimize Strategy Index ETF Stock Performance
OPTZ stock traded down $0.09 during midday trading on Monday, reaching $29.19. The company’s stock had a trading volume of 18,847 shares, compared to its average volume of 9,907. Optimize Strategy Index ETF has a 1 year low of $25.05 and a 1 year high of $31.72. The firm has a market capitalization of $162.30 million, a price-to-earnings ratio of -1,071.55 and a beta of 0.99. The stock has a fifty day simple moving average of $30.44 and a two-hundred day simple moving average of $28.64.
Optimize Strategy Index ETF Announces Dividend
The business also recently disclosed a dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 24th were issued a dividend of $0.0956 per share. The ex-dividend date of this dividend was Tuesday, December 24th. Optimize Strategy Index ETF’s payout ratio 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.
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