Optimize Strategy Index ETF (NASDAQ:OPTZ) Short Interest Up 514.3% in October

Optimize Strategy Index ETF (NASDAQ:OPTZ) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 8,600 shares, an increase of 514.3% from the September 30th total of 1,400 shares. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is currently 0.9 days.

Optimize Strategy Index ETF Stock Performance

NASDAQ OPTZ traded up $0.12 on Friday, hitting $28.85. 2,424 shares of the company were exchanged, compared to its average volume of 133,783. The stock has a market capitalization of $156.94 million, a P/E ratio of -1,059.07 and a beta of 0.99. Optimize Strategy Index ETF has a 12 month low of $25.05 and a 12 month high of $29.30. The stock’s fifty day moving average is $28.11.

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.