Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Down 93.0% in October

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 600 shares, a decrease of 93.0% from the October 15th total of 8,600 shares. Based on an average trading volume of 8,900 shares, the days-to-cover ratio is presently 0.1 days.

Optimize Strategy Index ETF Stock Down 1.2 %

Shares of OPTZ traded down $0.39 during trading hours on Tuesday, reaching $30.77. 8,522 shares of the company traded hands, compared to its average volume of 133,783. The business has a fifty day moving average price of $28.53 and a 200-day moving average price of $27.39. The stock has a market capitalization of $168.61 million, a P/E ratio of -1,143.72 and a beta of 0.99. Optimize Strategy Index ETF has a 12-month low of $25.05 and a 12-month high of $31.16.

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.