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) saw a large drop in short interest in March. As of March 13th, there was short interest totaling 3,058 shares, a drop of 68.9% from the February 26th total of 9,839 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 38,406 shares, the short-interest ratio is presently 0.1 days.

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

NYSEARCA:LTTI traded down $0.10 during trading hours on Thursday, reaching $18.63. The company’s stock had a trading volume of 680 shares, compared to its average volume of 11,338. The firm has a 50-day simple moving average of $19.13 and a 200-day simple moving average of $19.44. FT Vest 20+ Year Treasury & Target Income ETF has a 1 year low of $18.27 and a 1 year high of $21.12.

Institutional Investors Weigh In On FT Vest 20+ Year Treasury & Target Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC purchased a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the 4th quarter worth about $409,000. OLD Mission Capital LLC increased its position in shares of FT Vest 20+ Year Treasury & Target Income ETF by 94.6% during the fourth quarter. OLD Mission Capital LLC now owns 24,763 shares of the company’s stock valued at $477,000 after buying an additional 12,037 shares during the period. Cetera Investment Advisers raised its stake in FT Vest 20+ Year Treasury & Target Income ETF by 53.5% in the fourth quarter. Cetera Investment Advisers now owns 272,078 shares of the company’s stock worth $5,239,000 after buying an additional 94,820 shares in the last quarter. Jane Street Group LLC bought a new position in FT Vest 20+ Year Treasury & Target Income ETF in the fourth quarter worth about $448,000. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in FT Vest 20+ Year Treasury & Target Income ETF by 32.1% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 60,008 shares of the company’s stock worth $1,155,000 after buying an additional 14,583 shares during the period.

About FT Vest 20+ Year Treasury & Target Income ETF

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.