FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Short Interest Up 350.7% in April

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 45,067 shares, an increase of 350.7% from the April 15th total of 10,000 shares. Based on an average trading volume of 89,265 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Trading of FT Vest Investment Grade & Target Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in LQTI. Great Valley Advisor Group Inc. bought a new stake in shares of FT Vest Investment Grade & Target Income ETF during the 2nd quarter worth approximately $1,064,000. Advisory Services Network LLC bought a new stake in shares of FT Vest Investment Grade & Target Income ETF during the 2nd quarter worth approximately $1,639,000. Cooper Capital Advisors LLC bought a new stake in shares of FT Vest Investment Grade & Target Income ETF during the 3rd quarter worth approximately $9,624,000. Nations Financial Group Inc. IA ADV bought a new position in FT Vest Investment Grade & Target Income ETF in the 3rd quarter valued at approximately $347,000. Finally, L.M. Kohn & Company lifted its stake in FT Vest Investment Grade & Target Income ETF by 17.5% in the 3rd quarter. L.M. Kohn & Company now owns 16,800 shares of the company’s stock valued at $343,000 after purchasing an additional 2,500 shares during the last quarter.

FT Vest Investment Grade & Target Income ETF Stock Performance

Shares of FT Vest Investment Grade & Target Income ETF stock traded down $0.06 on Thursday, reaching $19.34. 95,274 shares of the stock were exchanged, compared to its average volume of 90,038. The firm’s 50 day moving average is $19.56 and its 200-day moving average is $19.90. FT Vest Investment Grade & Target Income ETF has a one year low of $19.25 and a one year high of $22.17.

FT Vest Investment Grade & Target Income ETF Company Profile

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.