Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Short Interest Up 345.5% in April

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 35,481 shares, an increase of 345.5% from the March 31st total of 7,964 shares. Currently, 2.1% of the company’s stock are short sold. Based on an average daily volume of 14,138 shares, the days-to-cover ratio is currently 2.5 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Oak Family Advisors LLC lifted its stake in shares of Roundhill GLP-1 & Weight Loss ETF by 55.3% during the third quarter. Oak Family Advisors LLC now owns 80,664 shares of the company’s stock worth $2,204,000 after purchasing an additional 28,735 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Roundhill GLP-1 & Weight Loss ETF during the fourth quarter worth about $68,000. National Bank of Canada FI lifted its stake in shares of 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 purchasing an additional 4,808 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of 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 worth $1,740,000 after purchasing an additional 8,579 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in shares of 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 worth $35,000 after purchasing an additional 940 shares in the last quarter.

Roundhill GLP-1 & Weight Loss ETF Price Performance

Shares of OZEM opened at $31.38 on Monday. The stock’s 50-day moving average is $32.15 and its two-hundred day moving average is $32.66. The stock has a market cap of $52.09 million, a PE ratio of 22.34 and a beta of 0.69. Roundhill GLP-1 & Weight Loss ETF has a 12 month low of $23.07 and a 12 month high of $37.15.

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.