Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Sees Large Increase in Short Interest

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 89,526 shares, an increase of 328.4% from the December 15th total of 20,899 shares. Approximately 6.3% of the company’s shares are sold short. Based on an average trading volume of 24,542 shares, the days-to-cover ratio is presently 3.6 days. Based on an average trading volume of 24,542 shares, the days-to-cover ratio is presently 3.6 days. Approximately 6.3% of the company’s shares are sold short.

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

A number of hedge funds have recently bought and sold shares of OZEM. National Bank of Canada FI increased its stake in shares of Roundhill GLP-1 & Weight Loss ETF by 6.1% during the third 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. Oak Family Advisors LLC increased its position in shares of Roundhill GLP-1 & Weight Loss ETF by 55.3% in the 3rd quarter. Oak Family Advisors LLC now owns 80,664 shares of the company’s stock valued at $2,204,000 after purchasing an additional 28,735 shares during the last quarter. Jane Street Group LLC raised its holdings 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 purchasing an additional 8,579 shares in the last quarter. Relyea Zuckerberg Hanson LLC purchased a new stake in Roundhill GLP-1 & Weight Loss ETF during the 2nd quarter worth about $254,000. Finally, Osaic Holdings Inc. boosted its position in shares of Roundhill GLP-1 & Weight Loss ETF by 205.7% during the 2nd quarter. Osaic Holdings Inc. now owns 1,397 shares of the company’s stock worth $35,000 after acquiring an additional 940 shares in the last quarter.

Roundhill GLP-1 & Weight Loss ETF Price Performance

Shares of OZEM stock traded down $0.03 during trading on Tuesday, reaching $35.70. The company’s stock had a trading volume of 24,124 shares, compared to its average volume of 31,335. Roundhill GLP-1 & Weight Loss ETF has a 1-year low of $20.01 and a 1-year high of $36.49. The stock’s 50-day moving average price is $33.29 and its 200 day moving average price is $28.83. The company has a market capitalization of $50.69 million, a price-to-earnings ratio of 22.34 and a beta of 0.54.

Roundhill GLP-1 & Weight Loss ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $0.4099 dividend. This represents a dividend yield of 119.0%. The ex-dividend date was Tuesday, December 30th.

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.