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) was the target of a significant drop in short interest during the month of 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 company’s shares are sold short. Based on an average trading volume of 112,429 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Rise Advisors LLC grew its position in shares of FT Vest Investment Grade & Target Income ETF by 10,901.4% during the 4th quarter. Rise Advisors LLC now owns 827,524 shares of the company’s stock worth $16,650,000 after buying an additional 820,002 shares during the period. Janney Montgomery Scott LLC bought a new position in FT Vest Investment Grade & Target Income ETF in the fourth quarter valued at approximately $10,892,000. Creative Financial Designs Inc. ADV acquired a new stake in FT Vest Investment Grade & Target Income ETF during the 4th quarter worth $8,972,000. Guardian Wealth Advisors LLC NC grew its holdings in FT Vest Investment Grade & Target Income ETF by 24.1% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 1,904,709 shares of the company’s stock worth $38,323,000 after acquiring an additional 369,463 shares during the period. Finally, Aptus Capital Advisors LLC raised its position in shares of FT Vest Investment Grade & Target Income ETF by 23.1% during the 4th quarter. Aptus Capital Advisors LLC now owns 1,890,415 shares of the company’s stock valued at $38,035,000 after acquiring an additional 355,169 shares during the last quarter.

FT Vest Investment Grade & Target Income ETF Price Performance

LQTI stock traded up $0.05 during midday trading on Thursday, reaching $18.84. The stock had a trading volume of 34,496 shares, compared to its average volume of 89,859. The business has a fifty day simple moving average of $19.19 and a two-hundred day simple moving average of $19.53. FT Vest Investment Grade & Target Income ETF has a twelve month low of $18.77 and a twelve month high of $22.17.

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.