Short Interest in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Drops By 64.8%

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 15,500 shares, a decline of 64.8% from the October 15th total of 44,000 shares. Based on an average daily trading volume, of 31,500 shares, the short-interest ratio is currently 0.5 days.

Roundhill GLP-1 & Weight Loss ETF Stock Down 4.9 %

OZEM stock traded down $1.29 during midday trading on Friday, hitting $25.29. The stock had a trading volume of 63,145 shares, compared to its average volume of 46,799. Roundhill GLP-1 & Weight Loss ETF has a 1-year low of $24.51 and a 1-year high of $29.21. The company’s fifty day moving average price is $27.96.

Hedge Funds Weigh In On Roundhill GLP-1 & Weight Loss ETF

An institutional investor recently raised its position in Roundhill GLP-1 & Weight Loss ETF stock. Embree Financial Group lifted its holdings in shares of Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) by 10.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,869 shares of the company’s stock after acquiring an additional 869 shares during the period. Embree Financial Group owned approximately 0.51% of Roundhill GLP-1 & Weight Loss ETF worth $245,000 at the end of the most recent reporting period.