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

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 45,067 shares, an increase of 350.7% from the April 15th total of 10,000 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 89,265 shares, the days-to-cover ratio is presently 0.5 days.

FT Vest Investment Grade & Target Income ETF Stock Performance

LQTI stock traded down $0.13 during trading hours on Friday, reaching $19.21. The stock had a trading volume of 106,560 shares, compared to its average volume of 90,210. The stock has a 50-day simple moving average of $19.56 and a 200 day simple moving average of $19.90. FT Vest Investment Grade & Target Income ETF has a fifty-two week low of $19.20 and a fifty-two week high of $22.17.

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

Several large investors have recently modified their holdings of LQTI. Aptus Capital Advisors LLC raised its position in shares of FT Vest Investment Grade & Target Income ETF by 996.8% in the third quarter. Aptus Capital Advisors LLC now owns 1,535,246 shares of the company’s stock valued at $31,328,000 after purchasing an additional 1,395,276 shares during the period. Rise Advisors LLC raised its stake in FT Vest Investment Grade & Target Income ETF by 10,901.4% in the 4th quarter. Rise Advisors LLC now owns 827,524 shares of the company’s stock worth $16,650,000 after purchasing an additional 820,002 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF in the 4th quarter worth about $10,892,000. Cooper Capital Advisors LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF in the 3rd quarter worth about $9,624,000. Finally, Creative Financial Designs Inc. ADV acquired a new stake in FT Vest Investment Grade & Target Income ETF in the 4th quarter worth about $8,972,000.

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.