Short Interest in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Decreases By 55.8%

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 9,432 shares, a decline of 55.8% from the April 30th total of 21,335 shares. Based on an average trading volume of 17,504 shares, the short-interest ratio is currently 0.5 days. Currently, 0.6% of the shares of the stock are short sold.

Roundhill GLP-1 & Weight Loss ETF Stock Up 0.7%

Shares of OZEM stock traded up $0.21 on Friday, reaching $31.76. The company had a trading volume of 14,710 shares, compared to its average volume of 25,924. The stock has a market capitalization of $52.72 million, a PE ratio of 22.34 and a beta of 0.43. Roundhill GLP-1 & Weight Loss ETF has a one year low of $23.22 and a one year high of $37.15. The business’s 50-day moving average is $31.22 and its 200 day moving average is $33.07.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. boosted its position 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 buying an additional 940 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Roundhill GLP-1 & Weight Loss ETF during the fourth quarter worth $68,000. National Bank of Canada FI lifted its stake 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 valued at $2,293,000 after acquiring an additional 4,808 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of Roundhill GLP-1 & Weight Loss ETF by 13.2% in the 1st 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.

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.