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

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

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

Several institutional investors have recently added to or reduced their stakes in the stock. Embree Financial Group grew its stake in shares of Roundhill GLP-1 & Weight Loss ETF by 22.6% in the fourth quarter. Embree Financial Group now owns 10,874 shares of the company’s stock valued at $265,000 after buying an additional 2,005 shares in the last quarter. Relyea Zuckerberg Hanson LLC acquired a new stake in shares of Roundhill GLP-1 & Weight Loss ETF during the 4th quarter worth approximately $276,000. Commonwealth Equity Services LLC raised its holdings in shares of Roundhill GLP-1 & Weight Loss ETF by 80.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 36,842 shares of the company’s stock worth $897,000 after buying an additional 16,416 shares in the last quarter. Cox Capital Mgt LLC bought a new position in shares of Roundhill GLP-1 & Weight Loss ETF in the 4th quarter valued at $933,000. Finally, OLD Mission Capital LLC bought a new position in Roundhill GLP-1 & Weight Loss ETF in the fourth quarter valued at about $948,000.

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

Roundhill GLP-1 & Weight Loss ETF stock traded down $0.13 during mid-day trading on Friday, hitting $23.56. The 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 stock has a 50-day simple moving average of $24.77 and a two-hundred day simple moving average of $26.01. The stock has a market capitalization of $38.40 million and a PE ratio of 26.36.

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.