FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) Short Interest Update

FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 17,032 shares, a drop of 36.9% from the June 15th total of 26,998 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 45,167 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC lifted its holdings in FT Vest High Yield & Target Income ETF by 12.5% during the 1st quarter. Kestra Advisory Services LLC now owns 498,386 shares of the company’s stock valued at $9,599,000 after purchasing an additional 55,538 shares during the last quarter. Insight Advisors LLC PA increased its holdings in shares of FT Vest High Yield & Target Income ETF by 20.2% during the fourth quarter. Insight Advisors LLC PA now owns 190,811 shares of the company’s stock worth $3,775,000 after buying an additional 32,102 shares in the last quarter. SageGuard Financial Group LLC increased its holdings in shares of FT Vest High Yield & Target Income ETF by 73.2% during the first quarter. SageGuard Financial Group LLC now owns 153,528 shares of the company’s stock worth $2,957,000 after buying an additional 64,884 shares in the last quarter. Brookstone Capital Management raised its stake in shares of FT Vest High Yield & Target Income ETF by 12.6% in the first quarter. Brookstone Capital Management now owns 102,248 shares of the company’s stock valued at $1,969,000 after acquiring an additional 11,432 shares during the last quarter. Finally, Independent Financial Group LLC bought a new position in shares of FT Vest High Yield & Target Income ETF in the first quarter valued at approximately $1,882,000.

FT Vest High Yield & Target Income ETF Trading Up 0.2%

FT Vest High Yield & Target Income ETF stock traded up $0.03 during trading hours on Friday, hitting $19.07. The stock had a trading volume of 3,328 shares, compared to its average volume of 35,159. The company has a 50-day moving average of $19.14 and a two-hundred day moving average of $19.36. FT Vest High Yield & Target Income ETF has a fifty-two week low of $18.98 and a fifty-two week high of $20.15.

FT Vest High Yield & Target Income ETF Company Profile

The FT Vest High Yield & Target Income ETF (HYTI) is an exchange-traded fund that mostly invests in high yield 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 High Yield Corporate Bond ETF (HYG) and a partial covered call strategy. It seeks an annual rate of approximately 5% over HYGs current annual yield HYTI was launched on Feb 12, 2025 and is issued by First Trust.