Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 4,009 shares, a decrease of 69.9% from the September 30th total of 13,327 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 12,691 shares, the short-interest ratio is currently 0.3 days.
Institutional Investors Weigh In On Roundhill GLP-1 & Weight Loss ETF
A hedge fund recently raised its position in Roundhill GLP-1 & Weight Loss ETF stock. Envestnet Asset Management Inc. raised its position in shares of Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM – Free Report) by 27.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,418 shares of the company’s stock after acquiring an additional 5,016 shares during the period. Envestnet Asset Management Inc. owned approximately 1.25% of Roundhill GLP-1 & Weight Loss ETF worth $762,000 at the end of the most recent reporting period.
Roundhill GLP-1 & Weight Loss ETF Trading Up 1.1%
Shares of NASDAQ:OZEM traded up $0.33 during trading on Friday, hitting $30.68. 17,243 shares of the stock were exchanged, compared to its average volume of 22,337. Roundhill GLP-1 & Weight Loss ETF has a 12-month low of $28.22 and a 12-month high of $37.15. The company has a fifty day moving average price of $31.17 and a two-hundred day moving average price of $32.22. The company has a market cap of $57.36 million, a PE ratio of 22.34 and a beta of 0.47.
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.
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