Optimize Strategy Index ETF (NASDAQ:OPTZ) Sees Significant Decrease in Short Interest

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 27 shares, a decrease of 69.7% from the September 15th total of 89 shares. Based on an average daily volume of 10,420 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Optimize Strategy Index ETF Stock Down 0.5%

OPTZ traded down $0.21 during midday trading on Tuesday, reaching $45.23. 1,198 shares of the company’s stock were exchanged, compared to its average volume of 7,232. The firm has a market capitalization of $393.47 million, a price-to-earnings ratio of -1,660.22 and a beta of 1.31. Optimize Strategy Index ETF has a one year low of $33.27 and a one year high of $49.76. The business has a 50-day simple moving average of $45.98 and a two-hundred day simple moving average of $44.65.

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.