FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Short Interest Up 350.7% in April

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 45,067 shares, a growth of 350.7% from the April 15th total of 10,000 shares. Based on an average daily volume of 89,265 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On FT Vest Investment Grade & Target Income ETF

Several institutional investors have recently bought and sold shares of LQTI. Great Valley Advisor Group Inc. bought a new stake in FT Vest Investment Grade & Target Income ETF in the 2nd quarter valued at approximately $1,064,000. Advisory Services Network LLC bought a new stake in FT Vest Investment Grade & Target Income ETF in the 2nd quarter valued at approximately $1,639,000. Cooper Capital Advisors LLC bought a new stake in FT Vest Investment Grade & Target Income ETF in the 3rd quarter valued at approximately $9,624,000. Nations Financial Group Inc. IA ADV bought a new stake in FT Vest Investment Grade & Target Income ETF in the 3rd quarter valued at approximately $347,000. Finally, L.M. Kohn & Company lifted its stake in FT Vest Investment Grade & Target Income ETF by 17.5% in the 3rd quarter. L.M. Kohn & Company now owns 16,800 shares of the company’s stock valued at $343,000 after acquiring an additional 2,500 shares in the last quarter.

FT Vest Investment Grade & Target Income ETF Trading Down 0.4%

NYSEARCA:LQTI opened at $19.34 on Wednesday. FT Vest Investment Grade & Target Income ETF has a fifty-two week low of $19.25 and a fifty-two week high of $22.17. The business’s 50-day simple moving average is $19.58 and its 200-day simple moving average is $19.92.

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.