Short Interest in Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Drops By 64.8%

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

Roundhill GLP-1 & Weight Loss ETF Stock Performance

OZEM stock traded down $1.29 during trading on Friday, reaching $25.29. The stock had a trading volume of 63,145 shares, compared to its average volume of 46,799. Roundhill GLP-1 & Weight Loss ETF has a one year low of $24.51 and a one year high of $29.21. The stock has a 50 day moving average price of $27.96.

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