Short Interest in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Grows By 47.1%

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 44,401 shares, an increase of 47.1% from the January 15th total of 30,184 shares. Approximately 2.7% of the shares of the company are sold short. Based on an average trading volume of 35,488 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 35,488 shares, the days-to-cover ratio is presently 1.3 days. Approximately 2.7% of the shares of the company are sold short.

Institutional Trading of Roundhill GLP-1 & Weight Loss ETF

A number of institutional investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC bought a new position in Roundhill GLP-1 & Weight Loss ETF during the 4th quarter worth about $68,000. National Bank of Canada FI lifted 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 worth $2,293,000 after purchasing an additional 4,808 shares during the period. Oak Family Advisors LLC boosted 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 valued at $2,204,000 after purchasing an additional 28,735 shares in the last quarter. Osaic Holdings Inc. boosted 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 valued at $35,000 after purchasing an additional 940 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings 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 buying an additional 8,579 shares during the period.

Roundhill GLP-1 & Weight Loss ETF Price Performance

OZEM opened at $35.50 on Tuesday. The company has a 50 day simple moving average of $35.21 and a two-hundred day simple moving average of $30.59. The firm has a market cap of $59.29 million, a P/E ratio of 22.34 and a beta of 0.54. Roundhill GLP-1 & Weight Loss ETF has a 1-year low of $20.01 and a 1-year high of $37.15.

Roundhill GLP-1 & Weight Loss ETF Dividend Announcement

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

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.