Short Interest in FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) Drops By 73.0%

FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 6,493 shares, a decrease of 73.0% from the May 14th total of 24,087 shares. Based on an average daily volume of 7,093 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.9% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Clear Creek Financial Management LLC acquired a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the fourth quarter valued at about $195,000. Kestra Private Wealth Services LLC acquired a new stake in FT Vest 20+ Year Treasury & Target Income ETF in the 3rd quarter valued at approximately $247,000. Maridea Wealth Management LLC bought a new position in FT Vest 20+ Year Treasury & Target Income ETF in the 1st quarter worth approximately $369,000. NewEdge Advisors LLC bought a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the fourth quarter valued at approximately $409,000. Finally, Jane Street Group LLC acquired a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the fourth quarter worth $448,000.

FT Vest 20+ Year Treasury & Target Income ETF Stock Up 1.1%

Shares of LTTI stock traded up $0.20 on Thursday, hitting $18.37. The company’s stock had a trading volume of 743 shares, compared to its average volume of 9,516. FT Vest 20+ Year Treasury & Target Income ETF has a fifty-two week low of $17.85 and a fifty-two week high of $20.93. The firm’s fifty day moving average price is $18.45 and its 200-day moving average price is $18.93.

About FT Vest 20+ Year Treasury & Target Income ETF

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.