FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Sees Large Decrease in Short Interest

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 3,438 shares, a decline of 58.9% from the September 15th total of 8,366 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 187,294 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LQTI. Private Client Services LLC bought a new stake in FT Vest Investment Grade & Target Income ETF during the third quarter worth about $320,000. Envestnet Asset Management Inc. increased its holdings in FT Vest Investment Grade & Target Income ETF by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 221,998 shares of the company’s stock valued at $4,287,000 after buying an additional 6,702 shares during the period. Bullseye Investment Management LLC bought a new position in FT Vest Investment Grade & Target Income ETF in the 2nd quarter valued at about $11,802,000. Capital Analysts LLC increased its holdings in FT Vest Investment Grade & Target Income ETF by 19.6% in the 2nd quarter. Capital Analysts LLC now owns 46,824 shares of the company’s stock valued at $905,000 after buying an additional 7,667 shares during the period. Finally, Integrated Wealth Concepts LLC raised its position in shares of FT Vest Investment Grade & Target Income ETF by 74.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 27,223 shares of the company’s stock valued at $526,000 after buying an additional 11,615 shares in the last quarter.

FT Vest Investment Grade & Target Income ETF Stock Performance

Shares of NYSEARCA:LQTI traded down $0.02 during trading on Tuesday, reaching $18.02. 88,321 shares of the company traded hands, compared to its average volume of 99,350. FT Vest Investment Grade & Target Income ETF has a 52 week low of $17.80 and a 52 week high of $22.17. The company’s 50 day moving average is $18.48 and its two-hundred day moving average is $19.02.

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.