Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Short Interest Down 26.9% in February

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) was the recipient of a large drop in short interest in February. As of February 13th, there was short interest totaling 32,478 shares, a drop of 26.9% from the January 29th total of 44,401 shares. Currently, 1.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 35,662 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily trading volume, of 35,662 shares, the days-to-cover ratio is currently 0.9 days. Currently, 1.9% of the shares of the stock are sold short.

Roundhill GLP-1 & Weight Loss ETF Stock Performance

Shares of Roundhill GLP-1 & Weight Loss ETF stock opened at $32.46 on Wednesday. Roundhill GLP-1 & Weight Loss ETF has a 52-week low of $20.01 and a 52-week high of $37.15. The stock has a market capitalization of $54.21 million, a price-to-earnings ratio of 22.34 and a beta of 0.54. The company’s 50 day moving average price is $35.23 and its 200-day moving average price is $31.37.

Roundhill GLP-1 & Weight Loss ETF Dividend Announcement

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

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

Large investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. grew its holdings in Roundhill GLP-1 & Weight Loss ETF by 205.7% during the second quarter. Osaic Holdings Inc. now owns 1,397 shares of the company’s stock valued at $35,000 after purchasing an additional 940 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Roundhill GLP-1 & Weight Loss ETF during the 4th quarter valued at approximately $68,000. Jane Street Group LLC lifted its position in Roundhill GLP-1 & Weight Loss ETF by 13.2% during the first quarter. Jane Street Group LLC now owns 73,545 shares of the company’s stock valued at $1,740,000 after purchasing an additional 8,579 shares during the last quarter. Oak Family Advisors LLC grew its position in Roundhill GLP-1 & Weight Loss ETF by 55.3% in the third quarter. Oak Family Advisors LLC now owns 80,664 shares of the company’s stock worth $2,204,000 after acquiring an additional 28,735 shares in the last quarter. Finally, National Bank of Canada FI boosted its holdings in shares of Roundhill GLP-1 & Weight Loss ETF by 6.1% in the 3rd quarter. National Bank of Canada FI now owns 84,152 shares of the company’s stock worth $2,293,000 after purchasing an additional 4,808 shares during the period.

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.