Optimize Strategy Index ETF (NASDAQ:OPTZ – Get Free Report) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 6,966 shares, a growth of 92.4% from the October 15th total of 3,621 shares. Based on an average daily volume of 4,660 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.1% of the company’s shares are sold short.
Optimize Strategy Index ETF Stock Performance
NASDAQ OPTZ traded down $0.41 during trading on Friday, hitting $43.65. The stock had a trading volume of 2,043 shares, compared to its average volume of 6,961. Optimize Strategy Index ETF has a one year low of $33.27 and a one year high of $49.76. The stock has a 50 day simple moving average of $44.73 and a 200 day simple moving average of $43.20. The stock has a market capitalization of $379.75 million, a price-to-earnings ratio of -1,602.36 and a beta of 1.33.
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.
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