Optimize Strategy Index ETF (NASDAQ:OPTZ) Sees Significant Decline in Short Interest

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 172 shares, a drop of 72.1% from the June 15th total of 617 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 4,023 shares, the short-interest ratio is presently 0.0 days.

Optimize Strategy Index ETF Stock Performance

Shares of OPTZ stock traded up $0.03 during trading hours on Friday, hitting $47.46. The company had a trading volume of 3,886 shares, compared to its average volume of 7,808. Optimize Strategy Index ETF has a 12 month low of $30.86 and a 12 month high of $49.76. The firm has a market capitalization of $272.42 million, a price-to-earnings ratio of -1,742.23 and a beta of 1.26. The firm’s fifty day moving average is $46.01 and its 200 day moving average is $40.76.

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.