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

First Trust AAA CMBS ETF (NYSEARCA:CAAA) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,424 shares, a drop of 51.9% from the August 31st total of 2,961 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 4,379 shares, the short-interest ratio is presently 0.3 days.

First Trust AAA CMBS ETF Trading Down 0.2%

CAAA stock traded down $0.03 during trading on Tuesday, hitting $19.72. The stock had a trading volume of 3,257 shares, compared to its average volume of 8,732. The company’s 50 day moving average price is $20.10 and its two-hundred day moving average price is $20.24. First Trust AAA CMBS ETF has a 1-year low of $19.70 and a 1-year high of $20.85.

Hedge Funds Weigh In On First Trust AAA CMBS ETF

Institutional investors have recently modified their holdings of the company. STAR Financial Bank boosted its position in 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 last quarter. Platform Technology Partners lifted its stake in shares of First Trust AAA CMBS ETF by 58.3% during 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. Finally, Kestra Advisory Services LLC purchased a new position in shares of First Trust AAA CMBS ETF during the 1st quarter worth $1,744,000.

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.