Short Interest in Optimize Strategy Index ETF (NASDAQ:OPTZ) Increases By 16,200.0%

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 16,300 shares, an increase of 16,200.0% from the August 15th total of 100 shares. Based on an average daily volume of 5,700 shares, the short-interest ratio is presently 2.9 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 5,700 shares, the short-interest ratio is presently 2.9 days.

Optimize Strategy Index ETF Trading Up 1.4%

Shares of NASDAQ OPTZ opened at $34.52 on Friday. The stock has a fifty day simple moving average of $32.72 and a two-hundred day simple moving average of $29.65. Optimize Strategy Index ETF has a 1-year low of $23.25 and a 1-year high of $34.83. The firm has a market cap of $188.48 million, a price-to-earnings ratio of -1,267.21 and a beta of 0.99.

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.