Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Down 88.9% in May

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 688 shares, a decrease of 88.9% from the April 30th total of 6,191 shares. Based on an average trading volume of 7,878 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Optimize Strategy Index ETF Price Performance

OPTZ stock traded down $0.07 during mid-day trading on Friday, reaching $45.87. The company had a trading volume of 714 shares, compared to its average volume of 8,395. The stock has a 50 day simple moving average of $40.65 and a two-hundred day simple moving average of $38.22. The company has a market capitalization of $265.13 million, a price-to-earnings ratio of -1,683.86 and a beta of 1.32. Optimize Strategy Index ETF has a 52 week low of $29.02 and a 52 week high of $46.17.

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.