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

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 1,800 shares, a decrease 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 currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Optimize Strategy Index ETF Stock Up 1.9 %

Optimize Strategy Index ETF stock traded up $0.51 during midday trading on Monday, reaching $27.82. The stock had a trading volume of 3,208 shares, compared to its average volume of 6,558. The firm has a market cap of $154.68 million, a price-to-earnings ratio of -1,021.25 and a beta of 0.99. The company has a fifty day moving average of $29.58 and a 200 day moving average of $29.44. Optimize Strategy Index ETF has a 52-week low of $25.05 and a 52-week high of $31.72.

Optimize Strategy Index ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.0956 per share. The ex-dividend date of this dividend was Tuesday, December 24th. Optimize Strategy Index ETF’s dividend payout ratio (DPR) is presently -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.