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

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a large increase in short interest in 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 volume of 15,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Roundhill GLP-1 & Weight Loss ETF

A number of hedge funds and other institutional investors have recently modified their holdings of OZEM. Embree Financial Group increased its holdings in Roundhill GLP-1 & Weight Loss ETF by 22.6% in the 4th quarter. Embree Financial Group now owns 10,874 shares of the company’s stock valued at $265,000 after acquiring an additional 2,005 shares during the last quarter. Relyea Zuckerberg Hanson LLC purchased a new position in shares of Roundhill GLP-1 & Weight Loss ETF during the fourth quarter valued at about $276,000. Commonwealth Equity Services LLC increased its holdings in shares of Roundhill GLP-1 & Weight Loss ETF by 80.4% in the fourth 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 last quarter. Cox Capital Mgt LLC purchased a new stake in shares of Roundhill GLP-1 & Weight Loss ETF in the fourth quarter worth about $933,000. Finally, OLD Mission Capital LLC bought a new position in Roundhill GLP-1 & Weight Loss ETF during the fourth quarter valued at approximately $948,000.

Roundhill GLP-1 & Weight Loss ETF Stock Down 0.5 %

OZEM stock traded down $0.13 during midday trading on Friday, hitting $23.56. The company’s stock had a trading volume of 5,803 shares, compared to its average volume of 13,053. Roundhill GLP-1 & Weight Loss ETF has a 12 month low of $23.21 and a 12 month high of $29.21. The company has a 50 day moving average of $24.77 and a two-hundred day moving average of $26.02. The firm has a market capitalization of $38.40 million and a price-to-earnings ratio of 26.36.

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.