Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Short Interest Update

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 21,335 shares, a drop of 39.9% from the April 15th total of 35,481 shares. Based on an average daily volume of 16,396 shares, the short-interest ratio is presently 1.3 days. Currently, 1.3% of the shares of the stock are short sold.

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

Several hedge funds have recently added to or reduced their stakes in the business. National Bank of Canada FI boosted its position in Roundhill GLP-1 & Weight Loss ETF by 6.1% during the 3rd quarter. National Bank of Canada FI now owns 84,152 shares of the company’s stock worth $2,293,000 after buying an additional 4,808 shares during the period. Jane Street Group LLC raised its stake in shares of Roundhill GLP-1 & Weight Loss ETF by 13.2% during the first quarter. Jane Street Group LLC now owns 73,545 shares of the company’s stock valued at $1,740,000 after acquiring an additional 8,579 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of Roundhill GLP-1 & Weight Loss ETF during the fourth quarter valued at $68,000. Finally, Osaic Holdings Inc. raised its stake in shares of Roundhill GLP-1 & Weight Loss ETF by 205.7% during 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 last quarter.

Roundhill GLP-1 & Weight Loss ETF Stock Performance

Shares of OZEM traded up $0.05 during mid-day trading on Tuesday, reaching $30.23. The company had a trading volume of 5,259 shares, compared to its average volume of 26,222. Roundhill GLP-1 & Weight Loss ETF has a 1-year low of $23.22 and a 1-year high of $37.15. The company has a market capitalization of $50.18 million, a price-to-earnings ratio of 22.34 and a beta of 0.43. The company’s 50 day simple moving average is $31.33 and its 200 day simple moving average is $32.97.

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.