First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) Short Interest Up 87.9% in January

First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) was the target of a significant increase in short interest in 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. 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. 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.

Institutional Investors Weigh In On First Trust Intermediate Government Opportunities ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Osaic Holdings Inc. lifted its holdings in 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 during the last quarter. Kovack Advisors Inc. bought a new position in shares of First Trust Intermediate Government Opportunities ETF in the fourth quarter valued at about $251,000. Benjamin Edwards Inc. acquired a new stake in shares of First Trust Intermediate Government Opportunities ETF during the 4th quarter worth about $267,000. AE Wealth Management LLC bought a new stake in shares of First Trust Intermediate Government Opportunities ETF during the 3rd quarter worth about $479,000. Finally, Citadel Advisors LLC grew its stake in First Trust Intermediate Government Opportunities ETF by 7.9% in the 3rd quarter. Citadel Advisors LLC now owns 26,581 shares of the company’s stock valued at $544,000 after buying an additional 1,939 shares during the last quarter.

First Trust Intermediate Government Opportunities ETF Trading Up 0.1%

Shares of First Trust Intermediate Government Opportunities ETF stock traded up $0.02 during trading hours on Friday, reaching $20.78. 19,384 shares of the company’s stock were exchanged, compared to its average volume of 36,923. The company has a 50 day moving average of $20.52 and a two-hundred day moving average of $20.49. First Trust Intermediate Government Opportunities ETF has a fifty-two week low of $19.56 and a fifty-two week high of $20.80.

First Trust Intermediate Government Opportunities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were given a dividend of $0.085 per share. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) annualized dividend and a yield of 4.9%.

First Trust Intermediate Government Opportunities ETF Company Profile

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.