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

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 22,597 shares, a decline of 44.5% from the January 15th total of 40,712 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 67,121 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 67,121 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

FT Vest Investment Grade & Target Income ETF Price Performance

Shares of LQTI remained flat at $20.09 during mid-day trading on Friday. The company’s stock had a trading volume of 74,093 shares, compared to its average volume of 77,326. The stock’s 50 day moving average price is $20.02 and its two-hundred day moving average price is $20.19. FT Vest Investment Grade & Target Income ETF has a 52-week low of $19.45 and a 52-week high of $22.17.

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

Several hedge funds have recently made changes to their positions in LQTI. Harbour Investments Inc. bought a new stake in shares of FT Vest Investment Grade & Target Income ETF in the 2nd quarter worth approximately $122,000. Rise Advisors LLC bought a new stake in FT Vest Investment Grade & Target Income ETF during the third quarter valued at about $153,000. Sulzberger Capital Advisors Inc. bought a new stake in shares of FT Vest Investment Grade & Target Income ETF during the 2nd quarter valued at $207,000. Ferguson Shapiro LLC purchased a new position in FT Vest Investment Grade & Target Income ETF in the 3rd quarter worth approximately $210,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of FT Vest Investment Grade & Target Income ETF in the fourth quarter worth about $216,000.

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.