Short Interest in Optimize Strategy Index ETF (NASDAQ:OPTZ) Drops By 98.2%

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 120 shares, a decline of 98.2% from the August 15th total of 6,705 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,615 shares, the days-to-cover ratio is presently 0.0 days.

Optimize Strategy Index ETF Trading Down 1.6%

OPTZ stock traded down $0.74 during midday trading on Thursday, reaching $45.20. 1,109 shares of the company’s stock traded hands, compared to its average volume of 7,328. Optimize Strategy Index ETF has a 52-week low of $33.27 and a 52-week high of $49.76. The stock has a market cap of $261.26 million, a P/E ratio of -1,659.26 and a beta of 1.31. The stock’s 50-day moving average is $46.13 and its 200 day moving average is $43.41.

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.