Short Interest in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Increases By 69.2%

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,200 shares, an increase of 69.2% from the February 28th total of 1,300 shares. Based on an average daily trading volume, of 15,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Roundhill GLP-1 & Weight Loss ETF Stock Down 1.5 %

Roundhill GLP-1 & Weight Loss ETF stock traded down $0.35 during midday trading on Monday, reaching $23.21. The stock had a trading volume of 1,995 shares, compared to its average volume of 12,864. The firm has a market capitalization of $37.83 million and a PE ratio of 26.36. The firm’s 50-day moving average price is $24.77 and its 200 day moving average price is $25.99. Roundhill GLP-1 & Weight Loss ETF has a 12 month low of $23.21 and a 12 month high of $29.21.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. National Bank of Canada FI bought a new stake in shares of Roundhill GLP-1 & Weight Loss ETF during the 4th quarter valued at about $1,632,000. OLD Mission Capital LLC bought a new position in Roundhill GLP-1 & Weight Loss ETF during the fourth quarter valued at approximately $948,000. Cox Capital Mgt LLC purchased a new stake in shares of Roundhill GLP-1 & Weight Loss ETF in the 4th quarter valued at $933,000. Jane Street Group LLC grew its holdings in shares of Roundhill GLP-1 & Weight Loss ETF by 54.2% during the 4th quarter. Jane Street Group LLC now owns 64,966 shares of the company’s stock valued at $1,583,000 after purchasing an additional 22,844 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in Roundhill GLP-1 & Weight Loss ETF by 80.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 36,842 shares of the company’s stock worth $897,000 after purchasing an additional 16,416 shares during the period.

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.