Short Interest in Optimize Strategy Index ETF (NASDAQ:OPTZ) Expands By 2,266.7%

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 14,200 shares, an increase of 2,266.7% from the October 31st total of 600 shares. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is currently 1.8 days.

Optimize Strategy Index ETF Trading Down 0.3 %

Optimize Strategy Index ETF stock traded down $0.09 during trading hours on Thursday, reaching $31.11. 19,179 shares of the company were exchanged, compared to its average volume of 133,783. Optimize Strategy Index ETF has a 12 month low of $25.05 and a 12 month high of $31.37. The firm has a market cap of $170.48 million, a price-to-earnings ratio of -1,142.03 and a beta of 0.99. The stock has a 50-day moving average of $29.33 and a 200 day moving average of $27.79.

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.