Short Interest in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Rises By 280.8%

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a large growth in short interest in the month of 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 2.2%

Shares of OZEM stock traded up $0.70 on Monday, hitting $32.55. The company had a trading volume of 12,935 shares, compared to its average volume of 25,282. The firm has a market cap of $54.03 million, a P/E ratio of 22.34 and a beta of 0.43. The company has a 50-day moving average price of $31.07 and a 200-day moving average price of $32.85. Roundhill GLP-1 & Weight Loss ETF has a twelve month low of $23.22 and a twelve month high of $37.15.

Institutional Trading of Roundhill GLP-1 & Weight Loss ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its holdings in Roundhill GLP-1 & Weight Loss ETF by 205.7% in the second quarter. Osaic Holdings Inc. now owns 1,397 shares of the company’s stock valued at $35,000 after buying an additional 940 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Roundhill GLP-1 & Weight Loss ETF during the 4th quarter worth about $68,000. Jane Street Group LLC grew its position in shares of Roundhill GLP-1 & Weight Loss ETF by 13.2% during the 1st quarter. Jane Street Group LLC now owns 73,545 shares of the company’s stock valued at $1,740,000 after acquiring an additional 8,579 shares during the period. Finally, National Bank of Canada FI grew 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 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.