FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) Shares Shorted: Short Interest Down 63.0% in September

FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 14,422 shares, a decrease of 63.0% from the September 15th total of 39,003 shares. Based on an average trading volume of 45,978 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are sold short.

Hedge Funds Weigh In On FT Vest High Yield & Target Income ETF

A number of large investors have recently added to or reduced their stakes in HYTI. Bullseye Investment Management LLC bought a new stake in FT Vest High Yield & Target Income ETF in the 2nd quarter valued at approximately $123,000. Triad Wealth Partners LLC acquired a new position in FT Vest High Yield & Target Income ETF during the 1st quarter worth approximately $275,000. International Assets Investment Management LLC acquired a new position in FT Vest High Yield & Target Income ETF during the 1st quarter worth approximately $322,000. Ameritas Advisory Services LLC bought a new position in shares of FT Vest High Yield & Target Income ETF during the 2nd quarter worth approximately $387,000. Finally, Integrated Wealth Concepts LLC grew its stake in shares of FT Vest High Yield & Target Income ETF by 54.0% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 25,558 shares of the company’s stock worth $488,000 after acquiring an additional 8,957 shares in the last quarter.

FT Vest High Yield & Target Income ETF Trading Down 0.2%

Shares of NYSEARCA:HYTI traded down $0.03 during midday trading on Tuesday, reaching $18.28. 15,569 shares of the company were exchanged, compared to its average volume of 36,056. FT Vest High Yield & Target Income ETF has a fifty-two week low of $18.13 and a fifty-two week high of $20.15. The stock has a fifty day simple moving average of $18.72 and a two-hundred day simple moving average of $19.01.

FT Vest High Yield & Target Income ETF Company Profile

The FT Vest High Yield & Target Income ETF (HYTI) is an exchange-traded fund that mostly invests in high yield 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 High Yield Corporate Bond ETF (HYG) and a partial covered call strategy. It seeks an annual rate of approximately 5% over HYGs current annual yield HYTI was launched on Feb 12, 2025 and is issued by First Trust.