FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) Sees Significant Drop in Short Interest
by Mitch Edgeman · The Markets DailyFT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 476 shares, a drop of 78.0% from the August 15th total of 2,159 shares. Based on an average daily volume of 2,954 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.
FT Vest 20+ Year Treasury & Target Income ETF Stock Up 0.1%
Shares of LTTI stock traded up $0.02 on Friday, reaching $17.17. 2,543 shares of the company were exchanged, compared to its average volume of 8,015. FT Vest 20+ Year Treasury & Target Income ETF has a 1 year low of $16.02 and a 1 year high of $20.93. The business has a 50-day moving average price of $17.64 and a 200 day moving average price of $18.27.
Institutional Investors Weigh In On FT Vest 20+ Year Treasury & Target Income ETF
Several large investors have recently bought and sold shares of LTTI. Citadel Advisors LLC acquired a new position in shares of FT Vest 20+ Year Treasury & Target Income ETF during the second quarter valued at approximately $222,000. Kestra Private Wealth Services LLC acquired a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the third quarter worth approximately $247,000. Maridea Wealth Management LLC acquired a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the first quarter worth approximately $369,000. NewEdge Advisors LLC acquired a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF in the fourth quarter worth approximately $409,000. Finally, Jane Street Group LLC purchased a new stake in shares of FT Vest 20+ Year Treasury & Target Income ETF during the fourth quarter worth approximately $448,000.
About FT Vest 20+ Year Treasury & Target Income ETF
The FT Vest 20+ Year Treasury & Target Income ETF (LTTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide synthetic long exposure to the iShares 20+ Year Treasury Bond ETF (ticker: TLT). The fund also sells weekly FLEX call options and targets an annual income level of 5% higher than the underlying ETFs annual income yield. LTTI was launched on Feb 12, 2025 and is issued by First Trust.
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