Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Up 126.9% in October

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 5,900 shares, an increase of 126.9% from the September 30th total of 2,600 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is presently 1.2 days.

Optimize Strategy Index ETF Stock Down 1.2%

Shares of NASDAQ:OPTZ opened at $34.84 on Friday. Optimize Strategy Index ETF has a 52-week low of $23.25 and a 52-week high of $35.91. The stock has a market cap of $190.92 million, a price-to-earnings ratio of -1,278.95 and a beta of 1.32. The business has a 50-day moving average price of $34.76 and a 200-day moving average price of $31.64.

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.