FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Sees Significant Decrease in Short Interest

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 17,693 shares, a decrease of 29.8% from the February 26th total of 25,193 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 145,495 shares, the short-interest ratio is presently 0.1 days.

FT Vest Investment Grade & Target Income ETF Stock Performance

LQTI traded up $0.16 on Monday, reaching $19.48. The company’s stock had a trading volume of 70,605 shares, compared to its average volume of 91,800. FT Vest Investment Grade & Target Income ETF has a fifty-two week low of $19.28 and a fifty-two week high of $22.17. The stock has a 50 day moving average of $19.85 and a two-hundred day moving average of $20.09.

Institutional Investors Weigh In On FT Vest Investment Grade & Target Income ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Rise Advisors LLC purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF in the third quarter valued at approximately $153,000. Ferguson Shapiro LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF in the third quarter valued at $210,000. Kestra Advisory Services LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF in the fourth quarter valued at $216,000. Integrated Wealth Concepts LLC purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF during the 4th quarter worth $251,000. Finally, TFB Advisors LLC grew its stake in shares of FT Vest Investment Grade & Target Income ETF by 4.7% during the 3rd quarter. TFB Advisors LLC now owns 12,585 shares of the company’s stock worth $257,000 after purchasing an additional 567 shares during the period.

About FT Vest Investment Grade & Target Income ETF

The FT Vest Investment Grade & Target Income ETF (LQTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to provide current income and capital appreciation through a synthetic long exposure to the iShares iBoxx Investment Grade Corporate Bond ETF (LQD) and a partial covered call strategy. It seeks an annual rate of approximately 5% over LQDs current annual yield. LQTI was launched on Feb 12, 2025 and is issued by First Trust.