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

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 80 shares, a drop of 96.0% from the December 31st total of 2,024 shares. Based on an average trading volume of 17,059 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 17,059 shares, the short-interest ratio is currently 0.0 days.

Optimize Strategy Index ETF Price Performance

NASDAQ OPTZ traded up $0.04 during trading hours on Tuesday, reaching $37.71. The company’s stock had a trading volume of 4,600 shares, compared to its average volume of 11,765. The firm has a market capitalization of $213.44 million, a price-to-earnings ratio of -1,384.31 and a beta of 1.32. The company’s 50-day moving average is $36.49 and its two-hundred day moving average is $34.90. Optimize Strategy Index ETF has a 1-year low of $23.25 and a 1-year high of $38.12.

Optimize Strategy Index ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a dividend of $0.2103 per share. This represents a dividend yield of 58.0%. The ex-dividend date of this dividend was Tuesday, December 23rd. Optimize Strategy Index ETF’s dividend payout ratio is presently -330.38%.

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.