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

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEMGet Free Report) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 91,800 shares, a drop of 38.0% from the July 15th total of 148,000 shares. Based on an average daily volume of 64,000 shares, the short-interest ratio is presently 1.4 days.

Roundhill GLP-1 & Weight Loss ETF Price Performance

OZEM traded up $0.42 during trading on Tuesday, hitting $27.42. The stock had a trading volume of 10,890 shares, compared to its average volume of 61,849. The stock has a 50 day simple moving average of $26.72. Roundhill GLP-1 & Weight Loss ETF has a one year low of $24.51 and a one year high of $28.66.

Institutional Investors Weigh In On Roundhill GLP-1 & Weight Loss ETF

An institutional investor recently bought a new position in Roundhill GLP-1 & Weight Loss ETF stock. Embree Financial Group acquired a new position in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEMFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 8,000 shares of the company’s stock, valued at approximately $213,000. Embree Financial Group owned approximately 0.52% of Roundhill GLP-1 & Weight Loss ETF as of its most recent SEC filing.

Further Reading

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