FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) Short Interest Up 331.0% in April

FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 46,581 shares, an increase of 331.0% from the April 15th total of 10,807 shares. Based on an average trading volume of 7,136 shares, the days-to-cover ratio is currently 6.5 days. Approximately 6.2% of the company’s stock are sold short.

FT Vest 20+ Year Treasury & Target Income ETF Price Performance

LTTI stock traded down $0.20 during trading on Friday, hitting $18.11. 299 shares of the company’s stock were exchanged, compared to its average volume of 10,067. The business has a 50-day moving average price of $18.69 and a two-hundred day moving average price of $19.14. FT Vest 20+ Year Treasury & Target Income ETF has a 52-week low of $18.11 and a 52-week high of $20.93.

Institutional Trading of FT Vest 20+ Year Treasury & Target Income ETF

Several institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of FT Vest 20+ Year Treasury & Target Income ETF in the 1st quarter valued at $1,008,000. Nations Financial Group Inc. IA ADV lifted its position in FT Vest 20+ Year Treasury & Target Income ETF by 18.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 45,425 shares of the company’s stock valued at $899,000 after acquiring an additional 6,990 shares during the last quarter. Capital Investment Advisory Services LLC boosted its stake in FT Vest 20+ Year Treasury & Target Income ETF by 102.4% in the third quarter. Capital Investment Advisory Services LLC now owns 31,739 shares of the company’s stock valued at $628,000 after acquiring an additional 16,059 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in FT Vest 20+ Year Treasury & Target Income ETF in the third quarter valued at $1,729,000. Finally, Kestra Private Wealth Services LLC purchased a new position in shares of FT Vest 20+ Year Treasury & Target Income ETF during the third quarter worth about $247,000.

About FT Vest 20+ Year Treasury & Target Income ETF

The FT Vest 20+ Year Treasury & Target Income ETF (LTTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide synthetic long exposure to the iShares 20+ Year Treasury Bond ETF (ticker: TLT). The fund also sells weekly FLEX call options and targets an annual income level of 5% higher than the underlying ETFs annual income yield. LTTI was launched on Feb 12, 2025 and is issued by First Trust.