First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) Short Interest Update

First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 26,258 shares, an increase of 87.9% from the January 15th total of 13,971 shares. Based on an average daily volume of 31,653 shares, the short-interest ratio is presently 0.8 days. Currently, 0.6% of the company’s stock are short sold. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 31,653 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Osaic Holdings Inc. raised its holdings in shares of First Trust Intermediate Government Opportunities ETF by 37.4% during the 2nd quarter. Osaic Holdings Inc. now owns 7,788 shares of the company’s stock valued at $157,000 after purchasing an additional 2,119 shares in the last quarter. Kovack Advisors Inc. acquired a new position in First Trust Intermediate Government Opportunities ETF during the fourth quarter worth $251,000. Benjamin Edwards Inc. bought a new position in First Trust Intermediate Government Opportunities ETF during the fourth quarter valued at about $267,000. AE Wealth Management LLC acquired a new stake in shares of First Trust Intermediate Government Opportunities ETF in the third quarter worth about $479,000. Finally, Citadel Advisors LLC lifted its position in shares of First Trust Intermediate Government Opportunities ETF by 7.9% in the third quarter. Citadel Advisors LLC now owns 26,581 shares of the company’s stock worth $544,000 after buying an additional 1,939 shares during the last quarter.

First Trust Intermediate Government Opportunities ETF Stock Up 0.1%

Shares of First Trust Intermediate Government Opportunities ETF stock traded up $0.02 during trading on Friday, hitting $20.78. 19,384 shares of the stock traded hands, compared to its average volume of 36,923. The company has a fifty day moving average price of $20.52 and a two-hundred day moving average price of $20.49. First Trust Intermediate Government Opportunities ETF has a twelve month low of $19.56 and a twelve month high of $20.80.

First Trust Intermediate Government Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were paid a $0.085 dividend. The ex-dividend date was Wednesday, January 21st. This represents a c) dividend on an annualized basis and a yield of 4.9%.

About First Trust Intermediate Government Opportunities ETF

The First Trust Intermediate Government Opportunities ETF (MGOV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that mainly invests in U.S. Treasury and mortgage-related securities MGOV was launched on Aug 2, 2023 and is issued by First Trust.