Short Interest in FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Declines By 62.8%

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 6,865 shares, a decline of 62.8% from the July 15th total of 18,465 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 112,519 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Forefront Wealth Partners LLC boosted its position in shares of FT Vest Investment Grade & Target Income ETF by 1.9% in the 4th quarter. Forefront Wealth Partners LLC now owns 32,918 shares of the company’s stock worth $662,000 after purchasing an additional 621 shares during the last quarter. Prosperity Financial Group Inc. lifted its stake in FT Vest Investment Grade & Target Income ETF by 0.6% in the fourth quarter. Prosperity Financial Group Inc. now owns 171,043 shares of the company’s stock valued at $3,441,000 after buying an additional 1,024 shares during the period. Southern Financial Group LLC lifted its stake in FT Vest Investment Grade & Target Income ETF by 3.6% in the first quarter. Southern Financial Group LLC now owns 37,684 shares of the company’s stock valued at $738,000 after buying an additional 1,304 shares during the period. Advisory Services Network LLC boosted its holdings in FT Vest Investment Grade & Target Income ETF by 3.2% during the third quarter. Advisory Services Network LLC now owns 83,811 shares of the company’s stock worth $1,710,000 after buying an additional 2,580 shares during the last quarter. Finally, Stenger Family Office LLC boosted its holdings in FT Vest Investment Grade & Target Income ETF by 20.0% during the first quarter. Stenger Family Office LLC now owns 25,502 shares of the company’s stock worth $499,000 after buying an additional 4,256 shares during the last quarter.

FT Vest Investment Grade & Target Income ETF Trading Down 0.1%

NYSEARCA LQTI traded down $0.02 during trading hours on Friday, hitting $18.78. The company’s stock had a trading volume of 26,577 shares, compared to its average volume of 89,804. The stock has a fifty day moving average of $19.06 and a 200 day moving average of $19.44. FT Vest Investment Grade & Target Income ETF has a twelve month low of $18.61 and a twelve month 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.