Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Short Interest Down 40.1% in August

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 20,268 shares, a decrease of 40.1% from the July 30th total of 33,819 shares. Based on an average daily volume of 20,500 shares, the short-interest ratio is presently 1.0 days. Approximately 1.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Roundhill GLP-1 & Weight Loss ETF

Several institutional investors and hedge funds have recently bought and sold shares of OZEM. Osaic Holdings Inc. boosted its stake in Roundhill GLP-1 & Weight Loss ETF by 205.7% in the second quarter. Osaic Holdings Inc. now owns 1,397 shares of the company’s stock valued at $35,000 after acquiring an additional 940 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of Roundhill GLP-1 & Weight Loss ETF during the 4th quarter worth approximately $68,000. Jane Street Group LLC raised its position in shares of Roundhill GLP-1 & Weight Loss ETF by 13.2% during the 1st quarter. Jane Street Group LLC now owns 73,545 shares of the company’s stock worth $1,740,000 after purchasing an additional 8,579 shares during the period. Finally, National Bank of Canada FI lifted its holdings in shares of Roundhill GLP-1 & Weight Loss ETF by 6.1% in the 3rd quarter. National Bank of Canada FI now owns 84,152 shares of the company’s stock worth $2,293,000 after purchasing an additional 4,808 shares during the last quarter.

Roundhill GLP-1 & Weight Loss ETF Stock Up 0.8%

Shares of Roundhill GLP-1 & Weight Loss ETF stock traded up $0.26 during trading hours on Wednesday, hitting $33.20. 4,365 shares of the company’s stock traded hands, compared to its average volume of 24,403. The stock has a 50 day simple moving average of $32.96 and a 200-day simple moving average of $32.14. Roundhill GLP-1 & Weight Loss ETF has a twelve month low of $25.66 and a twelve month high of $37.15. The company has a market cap of $64.08 million, a PE ratio of 22.34 and a beta of 0.42.

About Roundhill GLP-1 & Weight Loss ETF

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.