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

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 503,300 shares, a growth of 740.2% from the September 15th total of 59,900 shares. Based on an average trading volume of 79,700 shares, the days-to-cover ratio is currently 6.3 days. Based on an average trading volume of 79,700 shares, the days-to-cover ratio is currently 6.3 days.

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

Several large investors have recently modified their holdings of LQTI. Harbour Investments Inc. purchased a new stake in shares of FT Vest Investment Grade & Target Income ETF during the second quarter worth $122,000. Rise Advisors LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF during the third quarter worth about $153,000. Sulzberger Capital Advisors Inc. acquired a new stake in FT Vest Investment Grade & Target Income ETF during the second quarter worth about $207,000. TFB Advisors LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF during the first quarter worth about $247,000. Finally, LexAurum Advisors LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF during the second quarter worth about $244,000.

FT Vest Investment Grade & Target Income ETF Price Performance

Shares of NYSEARCA LQTI opened at $20.47 on Friday. The stock’s 50-day simple moving average is $20.33 and its 200-day simple moving average is $20.14. FT Vest Investment Grade & Target Income ETF has a fifty-two week low of $19.45 and a fifty-two week high of $20.61.

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.