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 significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 30,156 shares, a decrease of 58.7% from the June 15th total of 72,997 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 70,517 shares, the days-to-cover ratio is presently 0.4 days.

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

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

FT Vest Investment Grade & Target Income ETF Trading Up 0.3%

LQTI stock opened at $19.06 on Thursday. The firm has a 50 day moving average price of $19.28 and a 200-day moving average price of $19.62. FT Vest Investment Grade & Target Income ETF has a 52-week low of $18.89 and a 52-week high of $22.17.

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.