FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) Short Interest Up 38.8% in March

FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 24,565 shares, a growth of 38.8% from the March 15th total of 17,693 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 77,697 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of FT Vest Investment Grade & Target Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Guardian Wealth Advisors LLC NC raised its stake in FT Vest Investment Grade & Target Income ETF by 24.1% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 1,904,709 shares of the company’s stock valued at $38,323,000 after purchasing an additional 369,463 shares during the period. Aptus Capital Advisors LLC raised its stake in FT Vest Investment Grade & Target Income ETF by 23.1% during the 4th quarter. Aptus Capital Advisors LLC now owns 1,890,415 shares of the company’s stock valued at $38,035,000 after purchasing an additional 355,169 shares during the period. Commonwealth Equity Services LLC raised its stake in FT Vest Investment Grade & Target Income ETF by 41.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,174,736 shares of the company’s stock valued at $23,636,000 after purchasing an additional 346,818 shares during the period. Rise Advisors LLC raised its stake in FT Vest Investment Grade & Target Income ETF by 10,901.4% during the 4th quarter. Rise Advisors LLC now owns 827,524 shares of the company’s stock valued at $16,650,000 after purchasing an additional 820,002 shares during the period. Finally, Janney Montgomery Scott LLC bought a new stake in FT Vest Investment Grade & Target Income ETF during the 4th quarter valued at approximately $10,892,000.

FT Vest Investment Grade & Target Income ETF Price Performance

Shares of LQTI opened at $19.68 on Friday. The business’s 50 day moving average is $19.75 and its 200 day moving average is $20.02. FT Vest Investment Grade & Target Income ETF has a 12-month low of $19.28 and a 12-month high of $22.17.

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.