FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Short Interest Update

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 8,366 shares, a drop of 59.5% from the August 31st total of 20,640 shares. Based on an average daily trading volume, of 160,802 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

FT Vest Investment Grade & Target Income ETF Price Performance

Shares of LQTI stock traded down $0.16 during midday trading on Monday, reaching $18.07. 53,821 shares of the company traded hands, compared to its average volume of 98,476. The firm’s 50 day simple moving average is $18.66 and its two-hundred day simple moving average is $19.14. FT Vest Investment Grade & Target Income ETF has a 1-year low of $18.02 and a 1-year high of $22.17.

Hedge Funds Weigh In On FT Vest Investment Grade & Target Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of LQTI. Guardian Wealth Advisors LLC NC grew its holdings in FT Vest Investment Grade & Target Income ETF by 24.1% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 1,904,709 shares of the company’s stock valued at $38,323,000 after purchasing an additional 369,463 shares during the last quarter. Aptus Capital Advisors LLC increased its position in shares of FT Vest Investment Grade & Target Income ETF by 23.1% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,890,415 shares of the company’s stock valued at $38,035,000 after buying an additional 355,169 shares in the last quarter. Rise Advisors LLC raised its stake in shares of FT Vest Investment Grade & Target Income ETF by 4.6% during the 2nd quarter. Rise Advisors LLC now owns 979,814 shares of the company’s stock worth $18,920,000 after buying an additional 43,167 shares during the last quarter. Bullseye Investment Management LLC acquired a new position in shares of FT Vest Investment Grade & Target Income ETF during the 2nd quarter worth $11,802,000. Finally, Cetera Investment Advisers boosted its position in shares of FT Vest Investment Grade & Target Income ETF by 126.2% in the 1st quarter. Cetera Investment Advisers now owns 469,083 shares of the company’s stock worth $9,185,000 after buying an additional 261,680 shares in the last quarter.

About FT Vest Investment Grade & Target Income ETF

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.