Short Interest in Lazard Next Gen Technologies ETF (NASDAQ:TEKY) Increases By 137.9%

Lazard Next Gen Technologies ETF (NASDAQ:TEKY) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 4,680 shares, an increase of 137.9% from the April 15th total of 1,967 shares. Based on an average daily trading volume, of 1,325 shares, the days-to-cover ratio is currently 3.5 days. Currently, 0.4% of the company’s shares are short sold.

Lazard Next Gen Technologies ETF Trading Down 2.4%

Shares of TEKY traded down $1.10 during midday trading on Friday, hitting $43.96. The stock had a trading volume of 229 shares, compared to its average volume of 991. Lazard Next Gen Technologies ETF has a fifty-two week low of $31.24 and a fifty-two week high of $45.06. The business has a 50-day simple moving average of $37.61 and a two-hundred day simple moving average of $37.64. The firm has a market cap of $57.15 million, a P/E ratio of 31.49 and a beta of 2.12.

Lazard Next Gen Technologies ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Friday, March 20th were issued a dividend of $0.0758 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, March 20th.

Institutional Trading of Lazard Next Gen Technologies ETF

A hedge fund recently bought a new stake in Lazard Next Gen Technologies ETF stock. Lazard Asset Management LLC purchased a new position in shares of Lazard Next Gen Technologies ETF (NASDAQ:TEKY) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,150,000 shares of the company’s stock, valued at approximately $39,412,000. Lazard Asset Management LLC owned 93.50% of Lazard Next Gen Technologies ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Lazard Next Gen Technologies ETF

The Lazard Next Gen Technologies ETF (TEKY) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of global companies involved in the developing or enabling of AI next-generation technologies. TEKY was launched on Apr 4, 2025 and is issued by Lazard.