Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM – Get Free Report) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 4,009 shares, a decline of 69.9% from the September 30th total of 13,327 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 12,691 shares, the days-to-cover ratio is presently 0.3 days.
Roundhill GLP-1 & Weight Loss ETF Price Performance
Shares of OZEM traded up $0.60 during midday trading on Thursday, hitting $30.35. 6,439 shares of the company traded hands, compared to its average volume of 22,362. The stock has a 50-day moving average of $31.25 and a 200-day moving average of $32.24. Roundhill GLP-1 & Weight Loss ETF has a one year low of $27.75 and a one year high of $37.15. The firm has a market cap of $56.75 million, a P/E ratio of 22.34 and a beta of 0.47.
Institutional Trading of Roundhill GLP-1 & Weight Loss ETF
An institutional investor recently raised its stake in Roundhill GLP-1 & Weight Loss ETF stock. Envestnet Asset Management Inc. boosted its position in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM – Free Report) by 27.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,418 shares of the company’s stock after purchasing an additional 5,016 shares during the quarter. Envestnet Asset Management Inc. owned about 1.25% of Roundhill GLP-1 & Weight Loss ETF worth $762,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
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.
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