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

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 24,468 shares, a growth of 280.8% from the May 31st total of 6,425 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average daily volume of 26,412 shares, the short-interest ratio is presently 0.9 days.

Roundhill GLP-1 & Weight Loss ETF Stock Up 1.4%

OZEM traded up $0.45 during midday trading on Friday, reaching $31.85. The company had a trading volume of 18,945 shares, compared to its average volume of 25,395. The business has a 50-day moving average of $31.07 and a two-hundred day moving average of $32.86. The company has a market cap of $52.87 million, a P/E ratio of 22.34 and a beta of 0.43. Roundhill GLP-1 & Weight Loss ETF has a 1 year low of $23.22 and a 1 year high of $37.15.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in OZEM. Jane Street Group LLC increased its holdings 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 worth $1,740,000 after acquiring an additional 8,579 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in 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 purchasing an additional 940 shares in the last quarter. National Bank of Canada FI boosted its position in shares of Roundhill GLP-1 & Weight Loss ETF by 6.1% in the third 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 period. Finally, Kestra Advisory Services LLC bought a new position in shares of Roundhill GLP-1 & Weight Loss ETF in the fourth quarter worth approximately $68,000.

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.