Optimize Strategy Index ETF (NASDAQ:OPTZ) Sees Large Increase in Short Interest

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 3,455 shares, an increase of 925.2% from the February 26th total of 337 shares. Based on an average daily trading volume, of 6,508 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,508 shares, the short-interest ratio is currently 0.5 days.

Optimize Strategy Index ETF Trading Up 0.7%

Shares of OPTZ stock traded up $0.24 during trading hours on Tuesday, reaching $36.80. The stock had a trading volume of 49,649 shares, compared to its average volume of 10,058. The stock’s fifty day simple moving average is $37.68 and its 200 day simple moving average is $36.28. The firm has a market capitalization of $208.29 million, a PE ratio of -1,350.90 and a beta of 1.32. Optimize Strategy Index ETF has a 12 month low of $23.25 and a 12 month high of $38.95.

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.