Short Interest in Optimize Strategy Index ETF (NASDAQ:OPTZ) Expands By 610.5%
by Sarita Garza · The Markets DailyOptimize Strategy Index ETF (NASDAQ:OPTZ – Get Free Report) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,222 shares, a growth of 610.5% from the June 30th total of 172 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 11,205 shares, the short-interest ratio is presently 0.1 days.
Optimize Strategy Index ETF Price Performance
Shares of OPTZ stock traded down $0.61 during trading hours on Friday, reaching $45.26. The company had a trading volume of 3,491 shares, compared to its average volume of 7,499. Optimize Strategy Index ETF has a 1-year low of $31.19 and a 1-year high of $49.76. The firm has a market cap of $261.60 million, a price-to-earnings ratio of -1,661.47 and a beta of 1.26. The company has a 50 day moving average of $46.46 and a 200 day moving average of $41.39.
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.