Enables diacylglycerol binding activity and triglyceride binding activity. Involved in lipid droplet formation and positive regulation of sequestering of triglyceride. Located in endoplasmic reticulum membrane. Is integral component of endoplasmic reticulum membrane. Is expressed in genitourinary system; gut; liver; lung; and musculature. Orthologous to human FITM1 (fat storage inducing transmembrane protein 1). [provided by Alliance of Genome Resources, Apr 2022]