First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) Short Interest Up 56.9% in December

First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 19,870 shares, a growth of 56.9% from the November 30th total of 12,663 shares. Based on an average daily volume of 13,762 shares, the short-interest ratio is currently 1.4 days. Approximately 0.7% of the company’s shares are short sold. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 13,762 shares, the short-interest ratio is currently 1.4 days.

First Trust Intermediate Government Opportunities ETF Stock Up 0.0%

MGOV traded up $0.01 during mid-day trading on Tuesday, reaching $20.53. The stock had a trading volume of 7,619 shares, compared to its average volume of 30,339. The firm’s fifty day simple moving average is $20.56 and its two-hundred day simple moving average is $20.37. First Trust Intermediate Government Opportunities ETF has a 52 week low of $19.54 and a 52 week high of $20.76.

First Trust Intermediate Government Opportunities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 21st were issued a $0.085 dividend. The ex-dividend date was Friday, November 21st. This represents a c) annualized dividend and a yield of 5.0%.

Institutional Trading of First Trust Intermediate Government Opportunities ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC raised its stake in First Trust Intermediate Government Opportunities ETF by 1.1% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 85,489 shares of the company’s stock worth $1,750,000 after buying an additional 963 shares during the period. Ashton Thomas Private Wealth LLC lifted its holdings in shares of First Trust Intermediate Government Opportunities ETF by 5.9% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 30,803 shares of the company’s stock valued at $624,000 after purchasing an additional 1,729 shares in the last quarter. Citadel Advisors LLC grew its position in shares of 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 purchasing an additional 1,939 shares during the period. Osaic Holdings Inc. increased its stake 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 worth $157,000 after purchasing an additional 2,119 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in First Trust Intermediate Government Opportunities ETF during the 2nd quarter worth approximately $75,000.

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.