Short Interest in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Decreases By 35.2%

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 22,477 shares, a drop of 35.2% from the February 26th total of 34,670 shares. Based on an average trading volume of 30,076 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.3% of the company’s shares are short sold.

Roundhill GLP-1 & Weight Loss ETF Trading Down 0.4%

OZEM stock traded down $0.12 during trading on Friday, hitting $30.13. The company had a trading volume of 9,637 shares, compared to its average volume of 31,635. The business has a 50-day moving average of $33.81 and a 200-day moving average of $32.01. Roundhill GLP-1 & Weight Loss ETF has a one year low of $20.01 and a one year high of $37.15. The stock has a market cap of $50.32 million, a PE ratio of 22.34 and a beta of 0.54.

Roundhill GLP-1 & Weight Loss ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a $0.4099 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 119.0%.

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

Several large investors have recently modified their holdings of OZEM. 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 worth $1,740,000 after buying an additional 8,579 shares during the period. Osaic Holdings Inc. lifted 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 period. Oak Family Advisors LLC lifted its position in shares of Roundhill GLP-1 & Weight Loss ETF by 55.3% during the 3rd quarter. Oak Family Advisors LLC now owns 80,664 shares of the company’s stock valued at $2,204,000 after acquiring an additional 28,735 shares during the period. National Bank of Canada FI boosted its stake in Roundhill GLP-1 & Weight Loss ETF by 6.1% during the third quarter. National Bank of Canada FI now owns 84,152 shares of the company’s stock worth $2,293,000 after acquiring an additional 4,808 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in Roundhill GLP-1 & Weight Loss ETF during the fourth quarter worth $68,000.

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.