First Trust AAA CMBS ETF (NYSEARCA:CAAA) Short Interest Update

First Trust AAA CMBS ETF (NYSEARCA:CAAA) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,260 shares, a drop of 82.0% from the July 30th total of 7,017 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 7,380 shares, the days-to-cover ratio is currently 0.2 days.

First Trust AAA CMBS ETF Stock Performance

Shares of CAAA stock remained flat at $20.21 during trading hours on Wednesday. 2,734 shares of the company were exchanged, compared to its average volume of 9,330. First Trust AAA CMBS ETF has a 52-week low of $20.05 and a 52-week high of $20.85. The stock’s 50-day moving average is $20.24 and its 200-day moving average is $20.33.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Compass Financial Management LLC bought a new position in shares of First Trust AAA CMBS ETF during the second quarter valued at approximately $180,000. Kestra Advisory Services LLC purchased a new stake in shares of First Trust AAA CMBS ETF in the first quarter worth approximately $1,744,000. Platform Technology Partners raised its holdings in shares of First Trust AAA CMBS ETF by 58.3% in the first quarter. Platform Technology Partners now owns 94,307 shares of the company’s stock worth $1,914,000 after buying an additional 34,737 shares during the period. STAR Financial Bank lifted its stake in shares of First Trust AAA CMBS ETF by 27.2% during the 4th 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 last quarter. Finally, Prospera Financial Services Inc lifted its stake in shares of First Trust AAA CMBS ETF by 0.7% during the 4th quarter. Prospera Financial Services Inc now owns 296,939 shares of the company’s stock worth $6,087,000 after acquiring an additional 1,941 shares during the last quarter.

First Trust AAA CMBS ETF Company Profile

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.