FT Vest Gold Strategy Target Income ETF (BATS:IGLD) Shares Shorted: Short Interest Down 41.3% in September

FT Vest Gold Strategy Target Income ETF (BATS:IGLD) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 178,105 shares, a decrease of 41.3% from the September 15th total of 303,229 shares. Based on an average daily trading volume, of 435,504 shares, the short-interest ratio is currently 0.4 days. Currently, 1.5% of the company’s stock are short sold.

Institutional Trading of FT Vest Gold Strategy Target Income ETF

Several institutional investors and hedge funds have recently bought and sold shares of IGLD. Torren Management LLC acquired a new stake in FT Vest Gold Strategy Target Income ETF during the 1st quarter valued at $51,000. NFSG Corp boosted its position in shares of FT Vest Gold Strategy Target Income ETF by 86.5% in the third quarter. NFSG Corp now owns 2,052 shares of the company’s stock valued at $42,000 after acquiring an additional 952 shares during the period. Farther Finance Advisors LLC grew its position in shares of FT Vest Gold Strategy Target Income ETF by 1,448.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,555 shares of the company’s stock worth $52,000 after purchasing an additional 2,390 shares in the last quarter. Geneos Wealth Management Inc. grew its position in FT Vest Gold Strategy Target Income ETF by 18.6% during the first quarter. Geneos Wealth Management Inc. now owns 2,678 shares of the company’s stock worth $68,000 after buying an additional 420 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new stake in shares of FT Vest Gold Strategy Target Income ETF during the 1st quarter worth $76,000.

FT Vest Gold Strategy Target Income ETF Price Performance

Shares of BATS IGLD opened at $20.22 on Friday. FT Vest Gold Strategy Target Income ETF has a 52 week low of $19.78 and a 52 week high of $30.42. The stock has a 50 day moving average price of $21.21 and a 200 day moving average price of $22.37.

FT Vest Gold Strategy Target Income ETF Company Profile

The FT Cboe Vest Gold Target Income ETF (IGLD) is an exchange-traded fund that is based on the SPDR Gold Trust index. The fund aims to generate income from a long position in SPDR Gold Trust ETF (GLD) and call spreads utilizing FLEX options. The fund gains exposure through a wholly-owned subsidiary. IGLD was launched on Mar 2, 2021 and is managed by First Trust.