FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Short Interest Down 44.5% in January

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the target of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 22,597 shares, a decrease of 44.5% from the January 15th total of 40,712 shares. Based on an average daily trading volume, of 67,121 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 67,121 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On FT Vest Investment Grade & Target Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Harbour Investments Inc. purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF in the second quarter valued at $122,000. Rise Advisors LLC purchased a new stake in FT Vest Investment Grade & Target Income ETF during the 3rd quarter worth approximately $153,000. Sulzberger Capital Advisors Inc. bought a new position in shares of FT Vest Investment Grade & Target Income ETF during the second quarter worth about $207,000. Ferguson Shapiro LLC acquired a new position in FT Vest Investment Grade & Target Income ETF in the third quarter worth $210,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of FT Vest Investment Grade & Target Income ETF during the 4th quarter worth approximately $216,000.

FT Vest Investment Grade & Target Income ETF Price Performance

FT Vest Investment Grade & Target Income ETF stock remained flat at $20.09 during mid-day trading on Friday. 74,093 shares of the company’s stock were exchanged, compared to its average volume of 77,326. FT Vest Investment Grade & Target Income ETF has a 12 month low of $19.45 and a 12 month high of $22.17. The stock’s fifty day simple moving average is $20.02 and its two-hundred day simple moving average is $20.19.

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.