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

FT Vest High Yield & Target Income ETF (NYSEARCA:HYTI) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 46,930 shares, a growth of 134.7% from the July 15th total of 20,000 shares. Based on an average trading volume of 17,509 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.0% of the company’s shares are sold short.

FT Vest High Yield & Target Income ETF Stock Performance

NYSEARCA:HYTI traded down $0.02 during trading hours on Friday, hitting $19.01. The company had a trading volume of 11,747 shares, compared to its average volume of 33,290. The stock has a 50-day moving average price of $19.04 and a 200 day moving average price of $19.25. FT Vest High Yield & Target Income ETF has a 52 week low of $18.85 and a 52 week high of $20.15.

Institutional Investors Weigh In On FT Vest High Yield & Target Income ETF

A number of large investors have recently modified their holdings of HYTI. Triumph Capital Management purchased a new position in shares of FT Vest High Yield & Target Income ETF during the third quarter valued at about $25,000. Integrated Wealth Concepts LLC purchased a new stake in FT Vest High Yield & Target Income ETF in the fourth quarter worth about $228,000. Citadel Advisors LLC purchased a new stake in FT Vest High Yield & Target Income ETF in the third quarter worth about $246,000. Triad Wealth Partners LLC purchased a new stake in FT Vest High Yield & Target Income ETF in the first quarter worth about $275,000. Finally, Capital Analysts LLC grew its holdings in shares of FT Vest High Yield & Target Income ETF by 314.6% during the 4th quarter. Capital Analysts LLC now owns 14,550 shares of the company’s stock worth $287,000 after acquiring an additional 11,041 shares during the period.

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.