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

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 6,865 shares, a decrease of 62.8% from the July 15th total of 18,465 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 112,519 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Rise Advisors LLC lifted its position in shares of FT Vest Investment Grade & Target Income ETF by 10,901.4% during the 4th quarter. Rise Advisors LLC now owns 827,524 shares of the company’s stock valued at $16,650,000 after buying an additional 820,002 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in FT Vest Investment Grade & Target Income ETF during the 4th quarter worth approximately $10,892,000. Creative Financial Designs Inc. ADV bought a new stake in FT Vest Investment Grade & Target Income ETF during the 4th quarter worth approximately $8,972,000. Guardian Wealth Advisors LLC NC lifted its holdings in FT Vest Investment Grade & Target Income ETF by 24.1% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 1,904,709 shares of the company’s stock valued at $38,323,000 after purchasing an additional 369,463 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its holdings in FT Vest Investment Grade & Target Income ETF by 23.1% during the fourth quarter. Aptus Capital Advisors LLC now owns 1,890,415 shares of the company’s stock valued at $38,035,000 after purchasing an additional 355,169 shares in the last quarter.

FT Vest Investment Grade & Target Income ETF Price Performance

FT Vest Investment Grade & Target Income ETF stock traded down $0.05 during trading on Friday, reaching $18.75. The company had a trading volume of 13,411 shares, compared to its average volume of 89,668. The firm’s 50-day simple moving average is $19.07 and its 200 day simple moving average is $19.45. FT Vest Investment Grade & Target Income ETF has a 52 week low of $18.61 and a 52 week high of $22.17.

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.