Short Interest in Optimize Strategy Index ETF (NASDAQ:OPTZ) Grows By 2,266.7%

Optimize Strategy Index ETF (NASDAQ:OPTZ) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 14,200 shares, a growth of 2,266.7% from the October 31st total of 600 shares. Based on an average daily volume of 8,100 shares, the short-interest ratio is currently 1.8 days.

Optimize Strategy Index ETF Stock Performance

Shares of OPTZ traded down $0.20 during mid-day trading on Wednesday, hitting $31.00. 14,304 shares of the company were exchanged, compared to its average volume of 133,783. Optimize Strategy Index ETF has a 1-year low of $25.05 and a 1-year high of $31.37. The stock has a market cap of $169.88 million, a price-to-earnings ratio of -1,145.44 and a beta of 0.99. The company has a 50 day moving average of $29.27 and a 200-day moving average of $27.77.

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.