Short Interest in FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) Grows By 238.7%

FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 44,209 shares, an increase of 238.7% from the April 15th total of 13,051 shares. Based on an average trading volume of 27,380 shares, the short-interest ratio is currently 1.6 days. Approximately 1.0% of the shares of the stock are short sold.

Institutional Trading of FT Vest High Yield & Target Income ETF

Institutional investors have recently made changes to their positions in the business. Triumph Capital Management acquired a new stake in shares of FT Vest High Yield & Target Income ETF during the 3rd quarter valued at about $25,000. Ferguson Shapiro LLC acquired a new stake in shares of FT Vest High Yield & Target Income ETF during the 3rd quarter valued at about $210,000. Integrated Wealth Concepts LLC bought a new position in FT Vest High Yield & Target Income ETF during the 4th quarter valued at about $228,000. Citadel Advisors LLC bought a new position in FT Vest High Yield & Target Income ETF during the 3rd quarter valued at about $246,000. Finally, Triad Wealth Partners LLC bought a new position in FT Vest High Yield & Target Income ETF during the 1st quarter valued at about $275,000.

FT Vest High Yield & Target Income ETF Price Performance

Shares of FT Vest High Yield & Target Income ETF stock traded down $0.08 during trading on Friday, hitting $19.16. 36,747 shares of the company’s stock traded hands, compared to its average volume of 37,651. The firm’s fifty day moving average price is $19.28 and its 200 day moving average price is $19.54. FT Vest High Yield & Target Income ETF has a twelve month low of $19.03 and a twelve month high of $21.94.

FT Vest High Yield & Target Income ETF Company Profile

The FT Vest High Yield & Target Income ETF (HYTI) is an exchange-traded fund that mostly invests in high yield 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 High Yield Corporate Bond ETF (HYG) and a partial covered call strategy. It seeks an annual rate of approximately 5% over HYGs current annual yield HYTI was launched on Feb 12, 2025 and is issued by First Trust.