Short Interest in First Trust AAA CMBS ETF (NYSEARCA:CAAA) Decreases By 24.1%

First Trust AAA CMBS ETF (NYSEARCA:CAAA) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 5,329 shares, a decline of 24.1% from the February 12th total of 7,021 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 9,091 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 9,091 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are sold short.

First Trust AAA CMBS ETF Price Performance

Shares of NYSEARCA CAAA traded up $0.04 during mid-day trading on Monday, hitting $20.38. 4,139 shares of the company were exchanged, compared to its average volume of 12,393. The stock has a 50 day simple moving average of $20.53 and a 200-day simple moving average of $20.56. First Trust AAA CMBS ETF has a 1-year low of $20.10 and a 1-year high of $20.85.

First Trust AAA CMBS ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a dividend of $0.08 per share. The ex-dividend date was Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 4.7%.

Institutional Trading of First Trust AAA CMBS ETF

Hedge funds have recently made changes to their positions in the company. STAR Financial Bank increased its stake in shares of First Trust AAA CMBS ETF by 27.2% during the fourth quarter. STAR Financial Bank now owns 441,039 shares of the company’s stock worth $9,041,000 after acquiring an additional 94,432 shares during the period. First Trust Advisors LP lifted its position in First Trust AAA CMBS ETF by 101.1% in the second quarter. First Trust Advisors LP now owns 72,000 shares of the company’s stock valued at $1,475,000 after purchasing an additional 36,192 shares during the period. Jane Street Group LLC acquired a new stake in First Trust AAA CMBS ETF in the first quarter valued at about $435,000. Citadel Advisors LLC purchased a new stake in First Trust AAA CMBS ETF in the 3rd quarter valued at approximately $313,000. Finally, Farther Finance Advisors LLC boosted its holdings in First Trust AAA CMBS ETF by 24.0% in the 4th quarter. Farther Finance Advisors LLC now owns 75,608 shares of the company’s stock valued at $1,550,000 after purchasing an additional 14,619 shares in the last quarter.

About First Trust AAA CMBS 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.