Short Interest in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Decreases By 39.9%

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 21,335 shares, a decrease of 39.9% from the April 15th total of 35,481 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average trading volume of 16,396 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Trading of Roundhill GLP-1 & Weight Loss ETF

A number of large investors have recently modified their holdings of the business. Kestra Advisory Services LLC bought a new stake in shares of Roundhill GLP-1 & Weight Loss ETF during the 4th quarter valued at about $68,000. National Bank of Canada FI boosted its position in shares of Roundhill GLP-1 & Weight Loss ETF by 6.1% during the 3rd quarter. National Bank of Canada FI now owns 84,152 shares of the company’s stock valued at $2,293,000 after acquiring an additional 4,808 shares during the last quarter. 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 valued at $35,000 after acquiring an additional 940 shares during the last quarter. Finally, Jane Street Group LLC lifted its position 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 buying an additional 8,579 shares during the last quarter.

Roundhill GLP-1 & Weight Loss ETF Price Performance

OZEM stock traded down $0.67 during mid-day trading on Monday, reaching $30.18. 32,418 shares of the company traded hands, compared to its average volume of 26,446. The company has a market capitalization of $50.10 million, a P/E ratio of 22.34 and a beta of 0.43. Roundhill GLP-1 & Weight Loss ETF has a 52-week low of $23.22 and a 52-week high of $37.15. The company has a fifty day moving average price of $31.33 and a 200-day moving average price of $32.97.

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.