Short Interest in First Trust AAA CMBS ETF (NYSEARCA:CAAA) Grows By 54.2%

First Trust AAA CMBS ETF (NYSEARCA:CAAAGet Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 7,017 shares, an increase of 54.2% from the July 15th total of 4,550 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 4,999 shares, the short-interest ratio is presently 1.4 days.

First Trust AAA CMBS ETF Stock Up 0.0%

Shares of CAAA opened at $20.24 on Wednesday. First Trust AAA CMBS ETF has a 12 month low of $20.05 and a 12 month high of $20.85. The stock’s 50-day moving average price is $20.24 and its two-hundred day moving average price is $20.34.

Hedge Funds Weigh In On First Trust AAA CMBS ETF

Hedge funds have recently made changes to their positions in the stock. Compass Financial Management LLC bought a new stake in First Trust AAA CMBS ETF in the second quarter valued at approximately $180,000. Kestra Advisory Services LLC bought a new position in First Trust AAA CMBS ETF during the 1st quarter worth approximately $1,744,000. Platform Technology Partners lifted its position in shares of First Trust AAA CMBS ETF by 58.3% in the 1st quarter. Platform Technology Partners now owns 94,307 shares of the company’s stock worth $1,914,000 after purchasing an additional 34,737 shares during the period. STAR Financial Bank lifted its position in shares of First Trust AAA CMBS ETF by 27.2% in the 4th quarter. STAR Financial Bank now owns 441,039 shares of the company’s stock worth $9,041,000 after purchasing an additional 94,432 shares during the period. Finally, Prospera Financial Services Inc boosted its stake in shares of First Trust AAA CMBS ETF by 0.7% in the 4th quarter. Prospera Financial Services Inc now owns 296,939 shares of the company’s stock valued at $6,087,000 after purchasing an additional 1,941 shares during the last quarter.

First Trust AAA CMBS ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for First Trust AAA CMBS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust AAA CMBS ETF and related companies with MarketBeat.com's FREE daily email newsletter.