Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Down 78.0% in December

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 2,024 shares, a drop of 78.0% from the December 15th total of 9,211 shares. Based on an average trading volume of 9,077 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 9,077 shares, the days-to-cover ratio is currently 0.2 days.

Optimize Strategy Index ETF Stock Up 0.2%

Shares of NASDAQ OPTZ traded up $0.08 during trading on Tuesday, reaching $37.45. 357 shares of the stock were exchanged, compared to its average volume of 6,765. The business’s 50-day moving average price is $35.89 and its 200 day moving average price is $34.40. Optimize Strategy Index ETF has a twelve month low of $23.25 and a twelve month high of $37.45. The company has a market capitalization of $208.22 million, a price-to-earnings ratio of -1,374.77 and a beta of 1.32.

Optimize Strategy Index ETF Announces Dividend

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