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

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 97 shares, a growth of 21.3% from the January 15th total of 80 shares. Based on an average trading volume of 5,025 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 5,025 shares, the short-interest ratio is presently 0.0 days.

Optimize Strategy Index ETF Stock Up 1.2%

Shares of OPTZ stock traded up $0.47 during mid-day trading on Wednesday, reaching $38.76. The stock had a trading volume of 47,005 shares, compared to its average volume of 11,231. Optimize Strategy Index ETF has a one year low of $23.25 and a one year high of $38.76. The firm has a market cap of $219.38 million, a PE ratio of -1,422.86 and a beta of 1.32. The firm’s 50 day simple moving average is $37.25 and its 200 day simple moving average is $35.53.

Optimize Strategy Index ETF Dividend Announcement

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

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.