LifeX 2050 Longevity Income ETF (BATS:LFAI) Sees Large Increase in Short Interest

LifeX 2050 Longevity Income ETF (BATS:LFAI) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 753 shares, a growth of 91.1% from the August 31st total of 394 shares. Based on an average trading volume of 91 shares, the days-to-cover ratio is currently 8.3 days. Currently, 2.5% of the company’s shares are sold short.

LifeX 2050 Longevity Income ETF Stock Performance

Shares of BATS LFAI opened at $140.13 on Tuesday. The firm has a fifty day simple moving average of $145.02 and a two-hundred day simple moving average of $148.54. LifeX 2050 Longevity Income ETF has a 12 month low of $140.13 and a 12 month high of $159.55.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in LifeX 2050 Longevity Income ETF stock. Citadel Advisors LLC bought a new stake in LifeX 2050 Longevity Income ETF (BATS:LFAI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,438 shares of the company’s stock, valued at approximately $819,000. Citadel Advisors LLC owned 18.13% of LifeX 2050 Longevity Income ETF as of its most recent SEC filing.

About LifeX 2050 Longevity Income ETF

The Stone Ridge 2050 Longevity Income ETF (LFAI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages US Treasury exposure, aiming to provide predictable cashflows through 2050. The fund is designed to appeal to investors born in 1950 and reaching age 100. LFAI was launched on Sep 13, 2024 and is issued by Stone Ridge.