First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) Short Interest Update

First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 7,040 shares, an increase of 203.6% from the December 15th total of 2,319 shares. Based on an average daily volume of 7,773 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.5% of the company’s stock are short sold. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 7,773 shares, the days-to-cover ratio is presently 0.9 days.

First Trust Commercial Mortgage Opportunities ETF Stock Performance

CAAA stock opened at $20.54 on Tuesday. First Trust Commercial Mortgage Opportunities ETF has a 1-year low of $20.07 and a 1-year high of $20.85. The business has a fifty day moving average price of $20.55 and a 200-day moving average price of $20.53.

First Trust Commercial Mortgage Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were paid a dividend of $0.09 per share. The ex-dividend date was Friday, November 21st. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%.

Institutional Trading of First Trust Commercial Mortgage Opportunities ETF

Hedge funds have recently modified their holdings of the company. Geneos Wealth Management Inc. increased its position in shares of First Trust Commercial Mortgage Opportunities ETF by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock valued at $61,000 after acquiring an additional 1,500 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in First Trust Commercial Mortgage Opportunities ETF in the second quarter valued at $201,000. Citadel Advisors LLC acquired a new stake in First Trust Commercial Mortgage Opportunities ETF during the 3rd quarter worth about $313,000. Belpointe Asset Management LLC boosted its position in First Trust Commercial Mortgage Opportunities ETF by 56.6% in the 1st quarter. Belpointe Asset Management LLC now owns 19,747 shares of the company’s stock worth $402,000 after purchasing an additional 7,138 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of First Trust Commercial Mortgage Opportunities ETF in the 1st quarter valued at $435,000.

About First Trust Commercial Mortgage Opportunities ETF

The First Trust Commercial Mortgage Opportunities ETF (CAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that primarily invests in commercial mortgage-backed securities with a credit rating of AAA. The fund seeks to provide long-term total return CAAA was launched on Feb 27, 2024 and is issued by First Trust.