Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Update

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 80 shares, a decline of 96.0% from the December 31st total of 2,024 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 17,059 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 17,059 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Optimize Strategy Index ETF Price Performance

Shares of OPTZ stock traded up $0.14 on Thursday, hitting $37.80. The company’s stock had a trading volume of 1,598 shares, compared to its average volume of 11,384. The stock has a market capitalization of $213.95 million, a price-to-earnings ratio of -1,387.61 and a beta of 1.32. Optimize Strategy Index ETF has a fifty-two week low of $23.25 and a fifty-two week high of $38.12. The firm’s fifty day moving average price is $36.65 and its 200-day moving average price is $34.94.

Optimize Strategy Index ETF Dividend Announcement

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