FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Shares Shorted: Short Interest Up 26,582.1% in October

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 20,812 shares, a growth of 26,582.1% from the October 15th total of 78 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 171,235 shares, the days-to-cover ratio is currently 0.1 days.

FT Vest Investment Grade & Target Income ETF Trading Down 0.7%

Shares of NYSEARCA:LQTI traded down $0.12 on Tuesday, hitting $18.20. 125,549 shares of the company were exchanged, compared to its average volume of 102,663. The stock’s 50 day moving average price is $18.26 and its 200 day moving average price is $19.12. FT Vest Investment Grade & Target Income ETF has a 1-year low of $17.80 and a 1-year high of $22.17.

Institutional Trading of FT Vest Investment Grade & Target Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its position in FT Vest Investment Grade & Target Income ETF by 216.9% in the first quarter. NewEdge Advisors LLC now owns 169,582 shares of the company’s stock valued at $3,320,000 after buying an additional 116,072 shares during the last quarter. Independent Financial Group LLC purchased a new position in FT Vest Investment Grade & Target Income ETF during the 1st quarter worth approximately $1,618,000. Rise Advisors LLC raised its position in FT Vest Investment Grade & Target Income ETF by 4.6% during the 2nd quarter. Rise Advisors LLC now owns 979,814 shares of the company’s stock worth $18,920,000 after buying an additional 43,167 shares during the last quarter. Insight Advisors LLC PA raised its position in FT Vest Investment Grade & Target Income ETF by 31.0% during the 1st quarter. Insight Advisors LLC PA now owns 135,888 shares of the company’s stock worth $2,661,000 after buying an additional 32,177 shares during the last quarter. Finally, Bullseye Investment Management LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF during the 2nd quarter valued at approximately $11,802,000.

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.