Short Interest in FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Grows By 371.1%

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 40,712 shares, an increase of 371.1% from the December 31st total of 8,642 shares. Based on an average daily volume of 71,706 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 71,706 shares, the short-interest ratio is currently 0.6 days.

FT Vest Investment Grade & Target Income ETF Stock Performance

Shares of LQTI opened at $20.06 on Wednesday. The company’s 50-day moving average price is $20.08 and its 200 day moving average price is $20.21. FT Vest Investment Grade & Target Income ETF has a 12-month low of $19.45 and a 12-month high of $20.66.

Institutional Trading of FT Vest Investment Grade & Target Income ETF

Several institutional investors have recently added to or reduced their stakes in LQTI. Aptus Capital Advisors LLC grew its stake in shares of FT Vest Investment Grade & Target Income ETF by 996.8% in the third quarter. Aptus Capital Advisors LLC now owns 1,535,246 shares of the company’s stock valued at $31,328,000 after buying an additional 1,395,276 shares in the last quarter. Cooper Capital Advisors LLC acquired a new position in FT Vest Investment Grade & Target Income ETF in the 3rd quarter valued at about $9,624,000. Commonwealth Equity Services LLC grew its position in FT Vest Investment Grade & Target Income ETF by 60.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 827,918 shares of the company’s stock valued at $16,894,000 after acquiring an additional 310,918 shares in the last quarter. LexAurum Advisors LLC increased its stake in FT Vest Investment Grade & Target Income ETF by 1,927.6% during the third quarter. LexAurum Advisors LLC now owns 243,698 shares of the company’s stock worth $4,973,000 after purchasing an additional 231,679 shares during the period. Finally, Sulzberger Capital Advisors Inc. boosted its stake in shares of FT Vest Investment Grade & Target Income ETF by 1,641.0% in the third quarter. Sulzberger Capital Advisors Inc. now owns 177,099 shares of the company’s stock valued at $3,614,000 after purchasing an additional 166,927 shares during the period.

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.