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

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 24,468 shares, an increase of 280.8% from the May 31st total of 6,425 shares. Based on an average daily trading volume, of 26,412 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.5% of the shares of the company are sold short.

Institutional Trading of Roundhill GLP-1 & Weight Loss ETF

Large investors have recently modified their holdings of the stock. Osaic Holdings Inc. raised its stake 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 purchasing an additional 940 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Roundhill GLP-1 & Weight Loss ETF during the fourth quarter worth about $68,000. Jane Street Group LLC increased its holdings 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 valued at $1,740,000 after buying an additional 8,579 shares during the period. Finally, National Bank of Canada FI raised its position 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 valued at $2,293,000 after buying an additional 4,808 shares in the last quarter.

Roundhill GLP-1 & Weight Loss ETF Price Performance

Roundhill GLP-1 & Weight Loss ETF stock traded up $0.45 during mid-day trading on Friday, reaching $31.85. 18,945 shares of the company were exchanged, compared to its average volume of 25,395. The company has a fifty day simple moving average of $31.07 and a 200-day simple moving average of $32.85. Roundhill GLP-1 & Weight Loss ETF has a 12 month low of $23.22 and a 12 month high of $37.15. The firm has a market cap of $52.87 million, a PE ratio of 22.34 and a beta of 0.43.

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.