Short Interest in FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Decreases By 55.8%

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 47,455 shares, a drop of 55.8% from the November 30th total of 107,334 shares. Based on an average daily volume of 58,290 shares, the short-interest ratio is presently 0.8 days. Approximately 0.6% of the shares of the stock are sold short. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 58,290 shares, the short-interest ratio is presently 0.8 days.

FT Vest Investment Grade & Target Income ETF Price Performance

Shares of LQTI stock traded down $0.07 on Friday, hitting $20.09. 77,825 shares of the company’s stock were exchanged, compared to its average volume of 68,669. The company has a 50 day moving average of $20.20 and a 200 day moving average of $20.22. FT Vest Investment Grade & Target Income ETF has a 12 month low of $19.45 and a 12 month high of $20.66.

Institutional Investors Weigh In On FT Vest Investment Grade & Target Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Independent Wealth Network Inc. acquired a new position in FT Vest Investment Grade & Target Income ETF during the 2nd quarter worth approximately $1,814,000. LexAurum Advisors LLC bought a new stake in shares of FT Vest Investment Grade & Target Income ETF during the second quarter worth $244,000. Harbour Investments Inc. acquired a new position in shares of FT Vest Investment Grade & Target Income ETF during the second quarter worth $122,000. Prosperity Financial Group Inc. acquired a new position in shares of FT Vest Investment Grade & Target Income ETF during the second quarter worth $3,387,000. Finally, Insight Advisors LLC PA bought a new position in shares of FT Vest Investment Grade & Target Income ETF in the 2nd quarter valued at $525,000.

About FT Vest Investment Grade & Target Income ETF

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.