First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) Stock Short Interest Report for October

First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) saw a large decrease in short interest in October. As of October 30th, there was short interest totaling 10,192 shares, a decrease of 80.8% from the October 15th total of 53,212 shares. Based on an average daily volume of 25,226 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are short sold.

First Trust Intermediate Government Opportunities ETF Price Performance

Shares of MGOV stock traded down $0.15 on Thursday, hitting $19.34. 16,162 shares of the company’s stock traded hands, compared to its average volume of 32,808. First Trust Intermediate Government Opportunities ETF has a one year low of $18.94 and a one year high of $20.95. The company’s fifty day simple moving average is $19.41 and its 200 day simple moving average is $20.03.

Institutional Trading of First Trust Intermediate Government Opportunities ETF

Several institutional investors have recently added to or reduced their stakes in MGOV. Commonwealth Equity Services LLC bought a new position in shares of First Trust Intermediate Government Opportunities ETF during the third quarter valued at about $9,740,000. First Trust Advisors LP bought a new stake in shares of First Trust Intermediate Government Opportunities ETF in the 3rd quarter valued at about $4,984,000. Envestnet Asset Management Inc. lifted its stake in shares of First Trust Intermediate Government Opportunities ETF by 32.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,004,072 shares of the company’s stock valued at $20,271,000 after acquiring an additional 245,936 shares during the last quarter. Harbour Investments Inc. bought a new stake in shares of First Trust Intermediate Government Opportunities ETF in the 3rd quarter valued at about $3,118,000. Finally, Silver Oak Securities Incorporated purchased a new stake in First Trust Intermediate Government Opportunities ETF during the 3rd quarter valued at about $2,749,000.

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.