FT Vest Gold Strategy Target Income ETF (BATS:IGLD) Short Interest Up 145.3% in July

FT Vest Gold Strategy Target Income ETF (BATS:IGLD) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 194,513 shares, an increase of 145.3% from the June 30th total of 79,281 shares. Currently, 1.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 356,372 shares, the short-interest ratio is currently 0.5 days.

FT Vest Gold Strategy Target Income ETF Stock Up 0.7%

Shares of BATS IGLD opened at $20.96 on Tuesday. FT Vest Gold Strategy Target Income ETF has a 12-month low of $20.35 and a 12-month high of $30.42. The company has a 50-day moving average of $21.96 and a 200 day moving average of $24.82.

Institutional Investors Weigh In On FT Vest Gold Strategy Target Income ETF

A number of large investors have recently made changes to their positions in the stock. Independent Financial Group LLC acquired a new position in FT Vest Gold Strategy Target Income ETF during the first quarter worth $3,445,000. XML Financial LLC increased its position in FT Vest Gold Strategy Target Income ETF by 8.7% during the first quarter. XML Financial LLC now owns 308,983 shares of the company’s stock worth $7,888,000 after purchasing an additional 24,819 shares during the last quarter. Benjamin Edwards Inc. raised its stake in FT Vest Gold Strategy Target Income ETF by 494.9% during the fourth quarter. Benjamin Edwards Inc. now owns 93,972 shares of the company’s stock worth $2,350,000 after purchasing an additional 78,176 shares during the period. World Investment Advisors purchased a new position in FT Vest Gold Strategy Target Income ETF during the fourth quarter worth about $1,089,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in FT Vest Gold Strategy Target Income ETF by 33.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 204,404 shares of the company’s stock valued at $5,265,000 after purchasing an additional 50,720 shares during the last quarter.

FT Vest Gold Strategy Target Income ETF Company Profile

The FT Cboe Vest Gold Target Income ETF (IGLD) is an exchange-traded fund that is based on the SPDR Gold Trust index. The fund aims to generate income from a long position in SPDR Gold Trust ETF (GLD) and call spreads utilizing FLEX options. The fund gains exposure through a wholly-owned subsidiary. IGLD was launched on Mar 2, 2021 and is managed by First Trust.