Lazard Next Gen Technologies ETF (NASDAQ:TEKY) Short Interest Up 137.9% in April

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. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 1,325 shares, the days-to-cover ratio is currently 3.5 days.

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 bought a new stake in Lazard Next Gen Technologies ETF (NASDAQ:TEKY) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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 & Exchange Commission.

Lazard Next Gen Technologies ETF Price Performance

Shares of NASDAQ:TEKY remained flat at $45.06 during trading on Friday. The stock had a trading volume of 230 shares, compared to its average volume of 991. The firm’s fifty day moving average price is $37.41 and its two-hundred day moving average price is $37.59. Lazard Next Gen Technologies ETF has a 1-year low of $31.24 and a 1-year high of $45.06. The company has a market cap of $58.58 million, a price-to-earnings ratio of 31.49 and a beta of 2.02.

Lazard Next Gen Technologies ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Friday, March 20th were given a $0.0758 dividend. The ex-dividend date was Friday, March 20th. This represents a $0.30 dividend on an annualized basis and a yield of 0.7%.

Lazard Next Gen Technologies ETF Company Profile

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.