Short Interest in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Expands By 369.0%

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 72,700 shares, a growth of 369.0% from the October 31st total of 15,500 shares. Based on an average daily volume of 34,200 shares, the days-to-cover ratio is presently 2.1 days.

Hedge Funds 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. Farther Finance Advisors LLC acquired a new stake in shares of Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,127 shares of the company’s stock, valued at approximately $31,000. Farther Finance Advisors LLC owned 0.06% of Roundhill GLP-1 & Weight Loss ETF as of its most recent SEC filing.

Roundhill GLP-1 & Weight Loss ETF Price Performance

Shares of OZEM traded up $0.14 during midday trading on Wednesday, reaching $26.64. 17,158 shares of the company were exchanged, compared to its average volume of 45,687. Roundhill GLP-1 & Weight Loss ETF has a 1-year low of $24.51 and a 1-year high of $29.21. The company’s 50-day moving average is $27.55.