The short interest in the FT Vest 20+ Year Treasury & Target Income ETF (NYSEARCA:LTTI) experienced a significant decline of **41.3%** in December 2023. As of **December 15**, the total short interest stood at **8,267 shares**, a stark reduction from **14,089 shares** reported on **November 30**. This decrease suggests a shift in investor sentiment, with the short-interest ratio now at **0.5 days**, based on an average daily trading volume of **18,329 shares**. Currently, approximately **1.1%** of the ETF’s shares are short sold.
In the context of this shift, hedge funds and institutional investors have actively engaged with the FT Vest 20+ Year Treasury ETF. Notably, **Kestra Private Wealth Services LLC** acquired a new stake valued at around **$247,000** during the third quarter. Meanwhile, **Ameritas Advisory Services LLC** also made a significant investment, purchasing shares worth approximately **$1,729,000** in the same period.
Institutional Investments Surge
Further demonstrating confidence in the ETF, **Capital Investment Advisory Services LLC** increased its stake by **102.4%** in the third quarter, now holding **31,739 shares** valued at **$628,000** after acquiring an additional **16,059 shares**. Additionally, **Nations Financial Group Inc. IA ADV** expanded its holdings by **18.2%**, bringing its total to **45,425 shares**, worth about **$899,000** after purchasing **6,990 shares**.
**Jane Street Group LLC** also entered the market, obtaining a new stake valued at approximately **$1,008,000** during the first quarter of 2023. These investments reflect a growing interest in the ETF, which primarily focuses on investment-grade fixed income and aims to provide synthetic long exposure to the **iShares 20+ Year Treasury Bond ETF** (ticker: **TLT**).
Market Performance Overview
On trading floors, the FT Vest 20+ Year Treasury ETF saw a slight decline of **0.1%** on Friday, with shares trading at **$19.30**. The trading volume reached **2,025 shares**, considerably lower than its average of **9,583 shares**. Over the past year, the ETF has fluctuated between a low of **$18.27** and a high of **$21.12**. Its fifty-day moving average is currently **$19.60**, while the two-hundred-day moving average stands at **$19.53**.
The FT Vest 20+ Year Treasury & Target Income ETF, launched on **February 12, 2025**, is designed to generate an annual income approximately **5%** higher than the underlying ETF’s annual income yield. The fund employs a strategy that includes selling weekly FLEX call options, further enhancing its income-generating potential.
Investors are closely monitoring these developments, particularly as institutional interest could signal a broader trend in the fixed-income space. The dynamic environment surrounding the FT Vest ETF underscores the ongoing adjustments investors are making in response to market conditions.
