FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI – Get Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 17,032 shares, a decline of 36.9% from the June 15th total of 26,998 shares. Based on an average trading volume of 45,167 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s stock are sold short.
FT Vest High Yield & Target Income ETF Trading Down 0.1%
Shares of NYSEARCA:HYTI opened at $19.03 on Friday. FT Vest High Yield & Target Income ETF has a 1 year low of $18.98 and a 1 year high of $20.15. The business has a fifty day simple moving average of $19.13 and a 200 day simple moving average of $19.36.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Triumph Capital Management acquired a new stake in shares of FT Vest High Yield & Target Income ETF during the 3rd quarter valued at about $25,000. Integrated Wealth Concepts LLC acquired a new position in FT Vest High Yield & Target Income ETF in the fourth quarter worth approximately $228,000. Citadel Advisors LLC bought a new position in FT Vest High Yield & Target Income ETF during the third quarter valued at approximately $246,000. Triad Wealth Partners LLC bought a new position in FT Vest High Yield & Target Income ETF during the first quarter valued at approximately $275,000. Finally, Capital Analysts LLC raised its position in FT Vest High Yield & Target Income ETF by 314.6% during the fourth quarter. Capital Analysts LLC now owns 14,550 shares of the company’s stock valued at $287,000 after acquiring an additional 11,041 shares in the last quarter.
About FT Vest High Yield & Target Income ETF
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.
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