Short Interest in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Drops By 54.2%

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 20,899 shares, a decline of 54.2% from the November 30th total of 45,654 shares. Based on an average daily volume of 17,884 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.7% of the company’s shares are short sold. Approximately 1.7% of the company’s shares are short sold. Based on an average daily volume of 17,884 shares, the days-to-cover ratio is currently 1.2 days.

Roundhill GLP-1 & Weight Loss ETF Trading Up 0.1%

Roundhill GLP-1 & Weight Loss ETF stock traded up $0.02 during trading on Friday, hitting $35.52. The company had a trading volume of 20,432 shares, compared to its average volume of 13,561. Roundhill GLP-1 & Weight Loss ETF has a 1-year low of $20.01 and a 1-year high of $35.69. The company’s 50 day simple moving average is $31.78 and its 200-day simple moving average is $28.14. The stock has a market cap of $43.33 million, a price-to-earnings ratio of 22.34 and a beta of 0.54.

Institutional Trading of Roundhill GLP-1 & Weight Loss ETF

Several hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. raised 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 buying an additional 940 shares in the last quarter. National Bank of Canada FI increased 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 valued at $2,293,000 after acquiring an additional 4,808 shares during the period. Jane Street Group LLC raised its position in 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 purchasing an additional 8,579 shares during the last quarter. Relyea Zuckerberg Hanson LLC acquired a new stake in Roundhill GLP-1 & Weight Loss ETF during the 2nd quarter worth $254,000. Finally, OLD Mission Capital LLC boosted its stake in Roundhill GLP-1 & Weight Loss ETF by 38.5% during the 1st quarter. OLD Mission Capital LLC now owns 53,879 shares of the company’s stock worth $1,275,000 after purchasing an additional 14,981 shares during the period.

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.