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

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 700 shares, a decline of 94.6% from the November 30th total of 13,000 shares. Based on an average trading volume of 7,400 shares, the short-interest ratio is presently 0.1 days.

Optimize Strategy Index ETF Price Performance

NASDAQ:OPTZ traded up $0.15 during midday trading on Thursday, reaching $30.24. 3,950 shares of the company traded hands, compared to its average volume of 133,783. Optimize Strategy Index ETF has a twelve month low of $25.05 and a twelve month high of $31.72. The company has a fifty day moving average price of $30.22 and a 200 day moving average price of $28.37. The firm has a market capitalization of $165.72 million, a price-to-earnings ratio of -1,110.09 and a beta of 0.99.

Optimize Strategy Index ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 26th. Stockholders of record on Tuesday, December 24th will be given a dividend of $0.0956 per share. The ex-dividend date is Tuesday, December 24th.

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.