Short Interest in FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) Declines By 48.1%

FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 2,699 shares, a drop of 48.1% from the June 15th total of 5,196 shares. Based on an average daily volume of 11,183 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

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

Large investors have recently modified their holdings of the stock. Clear Creek Financial Management LLC bought a new stake in FT Vest 20+ Year Treasury & Target Income ETF in the fourth quarter worth $195,000. Kestra Private Wealth Services LLC purchased a new stake in FT Vest 20+ Year Treasury & Target Income ETF in the 3rd quarter worth about $247,000. Maridea Wealth Management LLC purchased a new stake in FT Vest 20+ Year Treasury & Target Income ETF in the 1st quarter worth about $369,000. NewEdge Advisors LLC bought a new stake in FT Vest 20+ Year Treasury & Target Income ETF in the fourth quarter worth about $409,000. Finally, Jane Street Group LLC purchased a new position in shares of FT Vest 20+ Year Treasury & Target Income ETF during the fourth quarter valued at approximately $448,000.

FT Vest 20+ Year Treasury & Target Income ETF Stock Down 0.1%

Shares of NYSEARCA:LTTI traded down $0.01 during trading on Wednesday, reaching $17.92. The company’s stock had a trading volume of 2,770 shares, compared to its average volume of 9,251. FT Vest 20+ Year Treasury & Target Income ETF has a 12 month low of $17.85 and a 12 month high of $20.93. The firm’s 50 day simple moving average is $18.27 and its two-hundred day simple moving average is $18.75.

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.