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

LifeX 2050 Longevity Income ETF (BATS:LFAI) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 394 shares, a growth of 102.1% from the August 15th total of 195 shares. Currently, 1.3% of the shares of the stock are short sold. Based on an average trading volume of 62 shares, the days-to-cover ratio is presently 6.4 days.

Institutional Trading of LifeX 2050 Longevity Income ETF

An institutional investor recently bought a new position in LifeX 2050 Longevity Income ETF stock. Citadel Advisors LLC purchased 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 (SEC). The firm purchased 5,438 shares of the company’s stock, valued at approximately $819,000. Citadel Advisors LLC owned approximately 18.13% of LifeX 2050 Longevity Income ETF as of its most recent SEC filing.

LifeX 2050 Longevity Income ETF Price Performance

LFAI stock opened at $142.85 on Monday. LifeX 2050 Longevity Income ETF has a 52 week low of $142.85 and a 52 week high of $167.69. The company’s 50-day moving average price is $146.27 and its 200 day moving average price is $149.60.

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.