FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Short Interest Update

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 30,156 shares, a drop of 58.7% from the June 15th total of 72,997 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 70,517 shares, the short-interest ratio is currently 0.4 days.

FT Vest Investment Grade & Target Income ETF Trading Up 0.2%

NYSEARCA:LQTI traded up $0.03 during midday trading on Tuesday, reaching $18.98. 381,161 shares of the company traded hands, compared to its average volume of 87,666. FT Vest Investment Grade & Target Income ETF has a twelve month low of $18.89 and a twelve month high of $22.17. The company has a fifty day moving average price of $19.30 and a 200 day moving average price of $19.64.

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

Several hedge funds and other institutional investors have recently modified their holdings of LQTI. Kestra Advisory Services LLC bought a new position in shares of FT Vest Investment Grade & Target Income ETF during the fourth quarter worth about $216,000. Integrated Wealth Concepts LLC bought a new stake in FT Vest Investment Grade & Target Income ETF in the 4th quarter valued at about $251,000. Envestnet Asset Management Inc. acquired a new position in FT Vest Investment Grade & Target Income ETF during the 3rd quarter valued at about $336,000. IFP Advisors Inc boosted its stake in FT Vest Investment Grade & Target Income ETF by 34.9% during the 4th quarter. IFP Advisors Inc now owns 17,329 shares of the company’s stock valued at $349,000 after purchasing an additional 4,483 shares during the period. Finally, Maridea Wealth Management LLC acquired a new position in FT Vest Investment Grade & Target Income ETF during the 1st quarter valued at about $375,000.

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.