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

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

Optimize Strategy Index ETF Trading Up 1.1 %

Shares of NASDAQ OPTZ traded up $0.31 during trading hours on Wednesday, hitting $27.72. 2,092 shares of the company traded hands, compared to its average volume of 6,373. The stock has a market capitalization of $154.12 million, a price-to-earnings ratio of -1,017.58 and a beta of 0.99. The company’s 50 day moving average price is $29.48 and its 200 day moving average price is $29.44. Optimize Strategy Index ETF has a 12 month low of $25.05 and a 12 month high of $31.72.

Optimize Strategy Index ETF Announces Dividend

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

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.