FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) Sees Large Decrease in Short Interest

FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 476 shares, a drop of 78.0% from the August 15th total of 2,159 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,954 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On FT Vest 20+ Year Treasury & Target Income ETF

A number of hedge funds have recently bought and sold shares of LTTI. Cetera Investment Advisers lifted its stake in FT Vest 20+ Year Treasury & Target Income ETF by 53.5% during the 4th quarter. Cetera Investment Advisers now owns 272,078 shares of the company’s stock valued at $5,239,000 after acquiring an additional 94,820 shares during the period. Jane Street Group LLC bought a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the first quarter worth approximately $1,008,000. NewEdge Advisors LLC bought a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the fourth quarter worth approximately $409,000. Maridea Wealth Management LLC purchased a new position in shares of FT Vest 20+ Year Treasury & Target Income ETF during the first quarter valued at approximately $369,000. 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 valued at approximately $247,000.

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

LTTI stock opened at $17.15 on Friday. FT Vest 20+ Year Treasury & Target Income ETF has a 1-year low of $16.02 and a 1-year high of $20.93. The business has a fifty day moving average price of $17.66 and a 200-day moving average price of $18.27.

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.