Short Interest in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Decreases By 40.9%

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 1,300 shares, a decline of 40.9% from the March 15th total of 2,200 shares. Based on an average trading volume of 14,600 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Roundhill GLP-1 & Weight Loss ETF Stock Up 3.5 %

Shares of Roundhill GLP-1 & Weight Loss ETF stock traded up $0.76 during trading on Thursday, reaching $22.76. The company’s stock had a trading volume of 9,037 shares, compared to its average volume of 13,752. The business’s 50-day moving average price is $24.03 and its 200-day moving average price is $25.39. Roundhill GLP-1 & Weight Loss ETF has a 52 week low of $20.01 and a 52 week high of $29.21. The firm has a market cap of $33.00 million and a PE ratio of 25.02.

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

Hedge funds have recently bought and sold shares of the company. Embree Financial Group lifted its stake in Roundhill GLP-1 & Weight Loss ETF by 22.6% during the fourth quarter. Embree Financial Group now owns 10,874 shares of the company’s stock worth $265,000 after purchasing an additional 2,005 shares during the last quarter. Relyea Zuckerberg Hanson LLC acquired a new position in shares of Roundhill GLP-1 & Weight Loss ETF during the 4th quarter worth $276,000. Commonwealth Equity Services LLC lifted its position in shares of Roundhill GLP-1 & Weight Loss ETF by 80.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 36,842 shares of the company’s stock worth $897,000 after buying an additional 16,416 shares during the last quarter. Cox Capital Mgt LLC acquired a new stake in Roundhill GLP-1 & Weight Loss ETF in the fourth quarter valued at about $933,000. Finally, OLD Mission Capital LLC acquired a new stake in Roundhill GLP-1 & Weight Loss ETF in the fourth quarter valued at about $948,000.

Roundhill GLP-1 & Weight Loss ETF Company Profile

The Roundhill GLP-1 & Weight Loss ETF (OZEM) is an exchange-traded fund that mostly invests in health care equity. The fund is an actively managed fund that invests in companies from around the world involved in pharmaceutical drugs and supplements used for weight management. OZEM was launched on May 21, 2024 and is issued by Roundhill.