Short Interest in Optimize Strategy Index ETF (NASDAQ:OPTZ) Declines By 98.2%

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 120 shares, a drop of 98.2% from the August 15th total of 6,705 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,615 shares, the short-interest ratio is currently 0.0 days.

Optimize Strategy Index ETF Stock Up 0.8%

NASDAQ OPTZ traded up $0.35 on Friday, reaching $45.55. The company had a trading volume of 9,107 shares, compared to its average volume of 7,338. The stock has a market capitalization of $263.28 million, a PE ratio of -1,672.15 and a beta of 1.31. Optimize Strategy Index ETF has a 12 month low of $33.27 and a 12 month high of $49.76. The firm’s 50 day moving average price is $46.13 and its 200 day moving average price is $43.41.

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.