Optimize Strategy Index ETF (NASDAQ:OPTZ) Sees Large Increase in Short Interest

Optimize Strategy Index ETF (NASDAQ:OPTZGet Free Report) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 1,222 shares, an increase of 610.5% from the June 30th total of 172 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 11,205 shares, the days-to-cover ratio is currently 0.1 days.

Optimize Strategy Index ETF Stock Down 1.3%

OPTZ stock traded down $0.61 during trading hours on Friday, hitting $45.26. The company’s stock had a trading volume of 3,491 shares, compared to its average volume of 7,499. The stock has a 50 day moving average price of $46.46 and a two-hundred day moving average price of $41.39. Optimize Strategy Index ETF has a 12 month low of $31.19 and a 12 month high of $49.76. The company has a market capitalization of $261.60 million, a PE ratio of -1,661.47 and a beta of 1.26.

Optimize Strategy Index ETF Company Profile

(Get Free Report)

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.

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