FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Short Interest Up 371.1% in January

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 40,712 shares, an increase of 371.1% from the December 31st total of 8,642 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 71,706 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 71,706 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Trading of FT Vest Investment Grade & Target Income ETF

Institutional investors have recently bought and sold shares of the stock. Harbour Investments Inc. purchased a new position in shares of FT Vest Investment Grade & Target Income ETF in the second quarter worth about $122,000. Rise Advisors LLC purchased a new position in shares of FT Vest Investment Grade & Target Income ETF during the 3rd quarter valued at about $153,000. Sulzberger Capital Advisors Inc. purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF in the second quarter worth about $207,000. Ferguson Shapiro LLC purchased a new position in FT Vest Investment Grade & Target Income ETF during the third quarter valued at approximately $210,000. Finally, LexAurum Advisors LLC purchased a new stake in FT Vest Investment Grade & Target Income ETF in the 2nd quarter worth approximately $244,000.

FT Vest Investment Grade & Target Income ETF Stock Performance

FT Vest Investment Grade & Target Income ETF stock opened at $20.05 on Friday. The business has a fifty day moving average of $20.08 and a two-hundred day moving average of $20.20. FT Vest Investment Grade & Target Income ETF has a twelve month low of $19.45 and a twelve month high of $20.66.

FT Vest Investment Grade & Target Income ETF Company Profile

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.