Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Sees Significant Decline in Short Interest

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 15,500 shares, a drop of 64.8% from the October 15th total of 44,000 shares. Based on an average trading volume of 31,500 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Roundhill GLP-1 & Weight Loss ETF

A hedge fund recently raised its stake in Roundhill GLP-1 & Weight Loss ETF stock. Embree Financial Group grew its position in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) by 10.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,869 shares of the company’s stock after acquiring an additional 869 shares during the period. Embree Financial Group owned 0.51% of Roundhill GLP-1 & Weight Loss ETF worth $245,000 at the end of the most recent reporting period.

Roundhill GLP-1 & Weight Loss ETF Stock Performance

Shares of OZEM traded down $1.19 during trading hours on Friday, hitting $25.39. The stock had a trading volume of 35,395 shares, compared to its average volume of 46,575. The company’s fifty day moving average price is $27.98. Roundhill GLP-1 & Weight Loss ETF has a 52 week low of $24.51 and a 52 week high of $29.21.