FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Short Interest Down 38.8% in July

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 18,465 shares, a decrease of 38.8% from the June 30th total of 30,156 shares. Based on an average daily trading volume, of 112,429 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of FT Vest Investment Grade & Target Income ETF

Several hedge funds and other institutional investors have recently modified their holdings of LQTI. Forefront Wealth Partners LLC boosted its holdings in shares of FT Vest Investment Grade & Target Income ETF by 1.9% in the fourth quarter. Forefront Wealth Partners LLC now owns 32,918 shares of the company’s stock worth $662,000 after acquiring an additional 621 shares during the period. Prosperity Financial Group Inc. grew its position in shares of FT Vest Investment Grade & Target Income ETF by 0.6% in the fourth quarter. Prosperity Financial Group Inc. now owns 171,043 shares of the company’s stock valued at $3,441,000 after purchasing an additional 1,024 shares in the last quarter. Southern Financial Group LLC raised its stake in shares of FT Vest Investment Grade & Target Income ETF by 3.6% during the 1st quarter. Southern Financial Group LLC now owns 37,684 shares of the company’s stock valued at $738,000 after purchasing an additional 1,304 shares during the period. Advisory Services Network LLC raised its stake in shares of FT Vest Investment Grade & Target Income ETF by 3.2% during the 3rd quarter. Advisory Services Network LLC now owns 83,811 shares of the company’s stock valued at $1,710,000 after purchasing an additional 2,580 shares during the period. Finally, Stenger Family Office LLC raised its stake in shares of FT Vest Investment Grade & Target Income ETF by 20.0% during the 1st quarter. Stenger Family Office LLC now owns 25,502 shares of the company’s stock valued at $499,000 after purchasing an additional 4,256 shares during the period.

FT Vest Investment Grade & Target Income ETF Stock Down 0.2%

Shares of LQTI stock traded down $0.04 on Friday, hitting $18.80. 45,953 shares of the stock were exchanged, compared to its average volume of 89,556. The firm’s 50 day moving average is $19.19 and its two-hundred day moving average is $19.53. FT Vest Investment Grade & Target Income ETF has a one year low of $18.77 and a one year high of $22.17.

FT Vest Investment Grade & Target Income ETF Company Profile

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.