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

FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 6,493 shares, a decline 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 short-interest ratio is presently 0.9 days.

FT Vest 20+ Year Treasury & Target Income ETF Stock Performance

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

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

Institutional investors and hedge funds have recently modified their holdings of the company. Brookstone Capital Management acquired a new position in shares of FT Vest 20+ Year Treasury & Target Income ETF during the fourth quarter worth $678,000. Ameritas Advisory Services LLC acquired a new position in shares of FT Vest 20+ Year Treasury & Target Income ETF during the third quarter worth $1,729,000. Jane Street Group LLC acquired a new position in shares of FT Vest 20+ Year Treasury & Target Income ETF during the fourth quarter worth $448,000. Kestra Private Wealth Services LLC acquired a new position in shares of FT Vest 20+ Year Treasury & Target Income ETF during the third quarter worth $247,000. Finally, Cetera Investment Advisers grew its stake in shares of FT Vest 20+ Year Treasury & Target Income ETF by 53.5% during the fourth quarter. Cetera Investment Advisers now owns 272,078 shares of the company’s stock worth $5,239,000 after purchasing an additional 94,820 shares in the last quarter.

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.