Short Interest in Optimize Strategy Index ETF (NASDAQ:OPTZ) Decreases By 21.7%

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 1,800 shares, a drop of 21.7% from the February 13th total of 2,300 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is currently 0.3 days.

Optimize Strategy Index ETF Trading Up 1.1 %

Shares of Optimize Strategy Index ETF stock traded up $0.31 during trading on Wednesday, hitting $27.72. 2,092 shares of the stock traded hands, compared to its average volume of 6,373. The firm has a market cap of $154.12 million, a P/E ratio of -1,017.58 and a beta of 0.99. Optimize Strategy Index ETF has a 52-week low of $25.05 and a 52-week high of $31.72. The stock’s fifty day simple moving average is $29.48 and its 200 day simple moving average is $29.44.

Optimize Strategy Index ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, December 26th. Shareholders of record on Tuesday, December 24th were paid a $0.0956 dividend. The ex-dividend date was Tuesday, December 24th. Optimize Strategy Index ETF’s dividend payout ratio (DPR) is presently -330.38%.

About Optimize Strategy Index ETF

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.