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

FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 6,493 shares, a decrease of 73.0% from the May 14th total of 24,087 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 7,093 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LTTI. Jane Street Group LLC acquired a new position in shares of FT Vest 20+ Year Treasury & Target Income ETF during the 1st quarter worth about $1,008,000. Ameritas Advisory Services LLC acquired a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the 3rd quarter valued at about $1,729,000. Kestra Private Wealth Services LLC acquired a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the 3rd quarter valued at about $247,000. Brookstone Capital Management acquired a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the 4th quarter valued at about $678,000. Finally, Capital Investment Advisory Services LLC boosted its position in shares of FT Vest 20+ Year Treasury & Target Income ETF by 54.5% in the 4th quarter. Capital Investment Advisory Services LLC now owns 49,029 shares of the company’s stock valued at $944,000 after purchasing an additional 17,290 shares during the period.

FT Vest 20+ Year Treasury & Target Income ETF Trading Down 0.3%

Shares of NYSEARCA:LTTI traded down $0.05 on Friday, hitting $18.32. 419 shares of the company’s stock were exchanged, compared to its average volume of 9,434. The firm’s 50-day moving average is $18.43 and its 200 day moving average is $18.92. FT Vest 20+ Year Treasury & Target Income ETF has a 1-year low of $17.85 and a 1-year high of $20.93.

FT Vest 20+ Year Treasury & Target Income ETF Company Profile

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.