FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Short Interest Down 38.8% in July

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 18,465 shares, a drop of 38.8% from the June 30th total of 30,156 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 112,429 shares, the short-interest ratio is currently 0.2 days.

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

Shares of LQTI traded up $0.05 on Thursday, hitting $18.84. The company’s stock had a trading volume of 34,496 shares, compared to its average volume of 89,859. FT Vest Investment Grade & Target Income ETF has a fifty-two week low of $18.77 and a fifty-two week high of $22.17. The company has a 50 day moving average price of $19.19 and a 200 day moving average price of $19.53.

Institutional Trading of FT Vest Investment Grade & Target Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new stake in FT Vest Investment Grade & Target Income ETF during the 4th quarter worth about $216,000. Integrated Wealth Concepts LLC bought a new stake in shares of FT Vest Investment Grade & Target Income ETF during the fourth quarter valued at approximately $251,000. Envestnet Asset Management Inc. acquired a new stake in shares of FT Vest Investment Grade & Target Income ETF in the third quarter valued at approximately $336,000. IFP Advisors Inc increased its holdings in shares of FT Vest Investment Grade & Target Income ETF by 34.9% in the fourth quarter. IFP Advisors Inc now owns 17,329 shares of the company’s stock valued at $349,000 after purchasing an additional 4,483 shares in the last quarter. Finally, Maridea Wealth Management LLC bought a new position in FT Vest Investment Grade & Target Income ETF in the 1st quarter worth approximately $375,000.

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.