Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Short Interest Down 55.8% in May

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 9,432 shares, a decrease of 55.8% from the April 30th total of 21,335 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 17,504 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Roundhill GLP-1 & Weight Loss ETF

A number of large investors have recently bought and sold shares of OZEM. Jane Street Group LLC raised its position 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 buying an additional 8,579 shares during the last quarter. Osaic Holdings Inc. raised its position in 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 worth $35,000 after buying an additional 940 shares during the last quarter. National Bank of Canada FI raised its position in Roundhill GLP-1 & Weight Loss ETF by 6.1% during the 3rd quarter. National Bank of Canada FI now owns 84,152 shares of the company’s stock worth $2,293,000 after buying an additional 4,808 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in Roundhill GLP-1 & Weight Loss ETF during the 4th quarter worth $68,000.

Roundhill GLP-1 & Weight Loss ETF Stock Performance

Roundhill GLP-1 & Weight Loss ETF stock traded down $0.73 during trading hours on Monday, reaching $31.03. 14,004 shares of the stock were exchanged, compared to its average volume of 25,806. The stock has a market cap of $51.51 million, a P/E ratio of 22.34 and a beta of 0.43. Roundhill GLP-1 & Weight Loss ETF has a 52-week low of $23.22 and a 52-week high of $37.15. The firm’s 50 day moving average is $31.22 and its 200 day moving average is $33.10.

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.