FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) Sees Large Decrease in Short Interest

FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 476 shares, a decline of 78.0% from the August 15th total of 2,159 shares. Based on an average daily volume of 2,954 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On FT Vest 20+ Year Treasury & Target Income ETF

Several institutional investors and hedge funds have recently modified their holdings of LTTI. Brookstone Capital Management raised its holdings in FT Vest 20+ Year Treasury & Target Income ETF by 16.9% in the first quarter. Brookstone Capital Management now owns 41,189 shares of the company’s stock worth $773,000 after buying an additional 5,961 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of FT Vest 20+ Year Treasury & Target Income ETF in the second quarter worth approximately $222,000. OLD Mission Capital LLC grew its holdings in shares of FT Vest 20+ Year Treasury & Target Income ETF by 94.6% during the fourth quarter. OLD Mission Capital LLC now owns 24,763 shares of the company’s stock valued at $477,000 after buying an additional 12,037 shares during the last quarter. Kestra Private Wealth Services LLC purchased a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF during the third quarter valued at approximately $247,000. Finally, Maridea Wealth Management LLC bought a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF during the first quarter valued at approximately $369,000.

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

LTTI stock opened at $17.15 on Friday. FT Vest 20+ Year Treasury & Target Income ETF has a twelve month low of $16.02 and a twelve month high of $20.93. The business has a 50 day moving average of $17.66 and a 200 day moving average of $18.27.

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.