First Trust AAA CMBS ETF (NYSEARCA:CAAA – Get 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
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.
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