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 March. As of March 15th, there was short interest totalling 18,600 shares, a growth of 933.3% from the February 28th total of 1,800 shares. Based on an average daily volume of 6,600 shares, the short-interest ratio is presently 2.8 days. Approximately 0.3% of the shares of the company are sold short.

Optimize Strategy Index ETF Stock Down 1.4 %

NASDAQ OPTZ traded down $0.39 during trading hours on Wednesday, reaching $27.86. 6,201 shares of the company were exchanged, compared to its average volume of 6,128. The stock has a market capitalization of $156.02 million, a P/E ratio of -1,022.72 and a beta of 0.99. Optimize Strategy Index ETF has a 1 year low of $25.05 and a 1 year high of $31.72. The business’s 50 day simple moving average is $29.28 and its 200-day simple moving average is $29.46.

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.