Short Interest in Lazard Next Gen Technologies ETF (NASDAQ:TEKY) Decreases By 26.8%

Lazard Next Gen Technologies ETF (NASDAQ:TEKY) was the target of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 3,063 shares, a decrease of 26.8% from the January 15th total of 4,182 shares. Based on an average trading volume of 408 shares, the days-to-cover ratio is currently 7.5 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 408 shares, the days-to-cover ratio is currently 7.5 days.

Lazard Next Gen Technologies ETF Stock Up 1.1%

NASDAQ:TEKY traded up $0.39 during mid-day trading on Monday, hitting $36.08. 30 shares of the stock traded hands, compared to its average volume of 1,318. Lazard Next Gen Technologies ETF has a 52 week low of $24.68 and a 52 week high of $41.67. The stock has a market capitalization of $46.90 million, a price-to-earnings ratio of 31.49 and a beta of 1.93. The firm’s 50 day moving average is $37.41 and its two-hundred day moving average is $37.47.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Lazard Next Gen Technologies ETF stock. Lazard Asset Management LLC bought a new position in Lazard Next Gen Technologies ETF (NASDAQ:TEKY) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor 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 at the end of the most recent quarter.

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.