Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Down 90.6% in February

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 337 shares, a decrease of 90.6% from the February 12th total of 3,603 shares. Based on an average daily volume of 7,577 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 7,577 shares, the days-to-cover ratio is currently 0.0 days.

Optimize Strategy Index ETF Stock Performance

OPTZ stock traded down $0.04 during mid-day trading on Wednesday, reaching $37.27. The company had a trading volume of 1,518 shares, compared to its average volume of 9,519. The company has a market capitalization of $210.95 million, a price-to-earnings ratio of -1,368.16 and a beta of 1.32. The firm has a fifty day simple moving average of $37.72 and a 200 day simple moving average of $36.08. Optimize Strategy Index ETF has a fifty-two week low of $23.25 and a fifty-two week high of $38.95.

Optimize Strategy Index ETF Announces Dividend

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