FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) Short Interest Update

FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 24,087 shares, a drop of 48.3% from the April 30th total of 46,581 shares. Approximately 3.2% of the shares of the company are short sold. Based on an average daily volume of 9,451 shares, the days-to-cover ratio is currently 2.5 days.

Hedge Funds Weigh In On FT Vest 20+ Year Treasury & Target Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Clear Creek Financial Management LLC bought a new position in FT Vest 20+ Year Treasury & Target Income ETF during the fourth quarter worth about $195,000. Kestra Private Wealth Services LLC bought a new position in FT Vest 20+ Year Treasury & Target Income ETF during the third quarter worth about $247,000. Maridea Wealth Management LLC bought a new position in FT Vest 20+ Year Treasury & Target Income ETF during the first quarter worth about $369,000. NewEdge Advisors LLC bought a new position in FT Vest 20+ Year Treasury & Target Income ETF during the fourth quarter worth about $409,000. Finally, Jane Street Group LLC purchased a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the fourth quarter worth about $448,000.

FT Vest 20+ Year Treasury & Target Income ETF Price Performance

NYSEARCA:LTTI traded down $0.15 on Monday, reaching $18.27. 20,260 shares of the company’s stock were exchanged, compared to its average volume of 9,879. FT Vest 20+ Year Treasury & Target Income ETF has a 52 week low of $17.90 and a 52 week high of $20.93. The stock has a fifty day simple moving average of $18.52 and a 200-day simple moving average of $19.01.

FT Vest 20+ Year Treasury & Target Income ETF Company Profile

The FT Vest 20+ Year Treasury & Target Income ETF (LTTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide synthetic long exposure to the iShares 20+ Year Treasury Bond ETF (ticker: TLT). The fund also sells weekly FLEX call options and targets an annual income level of 5% higher than the underlying ETFs annual income yield. LTTI was launched on Feb 12, 2025 and is issued by First Trust.