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

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 9,211 shares, an increase of 668.9% from the November 30th total of 1,198 shares. Based on an average daily trading volume, of 5,105 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 5,105 shares, the days-to-cover ratio is currently 1.8 days.

Optimize Strategy Index ETF Stock Up 0.5%

NASDAQ:OPTZ traded up $0.20 during trading hours on Wednesday, reaching $36.81. 26,718 shares of the stock were exchanged, compared to its average volume of 6,293. The stock has a market capitalization of $201.72 million, a P/E ratio of -1,351.27 and a beta of 1.32. The firm has a 50 day simple moving average of $35.49 and a 200-day simple moving average of $33.74. Optimize Strategy Index ETF has a 52 week low of $23.25 and a 52 week high of $37.42.

Optimize Strategy Index ETF Announces Dividend

The firm also recently disclosed an annual dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd will be issued a $0.2103 dividend. This represents a yield of 58.0%. The ex-dividend date of this dividend is Tuesday, December 23rd. Optimize Strategy Index ETF’s payout ratio is currently -330.38%.

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.