Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Short Interest Update

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 30,184 shares, a decline of 66.3% from the December 31st total of 89,526 shares. Approximately 2.0% of the shares of the company are sold short. Based on an average daily volume of 35,135 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 35,135 shares, the days-to-cover ratio is presently 0.9 days. Approximately 2.0% of the shares of the company are sold short.

Institutional Trading of Roundhill GLP-1 & Weight Loss ETF

Hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. raised its stake in shares of 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 worth $35,000 after buying an additional 940 shares during the period. Relyea Zuckerberg Hanson LLC purchased a new stake in Roundhill GLP-1 & Weight Loss ETF in the 2nd quarter worth approximately $254,000. Oak Family Advisors LLC bought a new stake in Roundhill GLP-1 & Weight Loss ETF during the 2nd quarter worth approximately $1,310,000. Jane Street Group LLC raised its stake in 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 acquiring an additional 8,579 shares during the period. Finally, National Bank of Canada FI lifted its holdings 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 valued at $2,293,000 after purchasing an additional 4,808 shares in the last quarter.

Roundhill GLP-1 & Weight Loss ETF Price Performance

Shares of OZEM traded down $0.16 on Friday, reaching $35.92. The company’s stock had a trading volume of 19,107 shares, compared to its average volume of 36,390. The stock’s 50 day simple moving average is $34.71 and its two-hundred day simple moving average is $29.81. The stock has a market capitalization of $58.55 million, a P/E ratio of 22.34 and a beta of 0.54. Roundhill GLP-1 & Weight Loss ETF has a 12-month low of $20.01 and a 12-month high of $37.15.

Roundhill GLP-1 & Weight Loss ETF Announces Dividend

The business also recently disclosed 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.

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.