First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) Short Interest Up 52.1% in October

First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 18,100 shares, an increase of 52.1% from the September 30th total of 11,900 shares. Approximately 1.4% of the shares of the company are sold short. Based on an average trading volume of 6,900 shares, the short-interest ratio is presently 2.6 days. Based on an average trading volume of 6,900 shares, the short-interest ratio is presently 2.6 days. Approximately 1.4% of the shares of the company are sold short.

First Trust Commercial Mortgage Opportunities ETF Stock Performance

Shares of CAAA stock opened at $20.51 on Tuesday. The business’s 50 day moving average is $20.60 and its two-hundred day moving average is $20.44. First Trust Commercial Mortgage Opportunities ETF has a twelve month low of $20.07 and a twelve month high of $20.85.

First Trust Commercial Mortgage Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 17th. Investors of record on Monday, November 3rd will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 5.3%.

Hedge Funds Weigh In On First Trust Commercial Mortgage Opportunities ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of CAAA. Inspirion Wealth Advisors LLC raised its position in First Trust Commercial Mortgage Opportunities ETF by 4.5% during the 3rd quarter. Inspirion Wealth Advisors LLC now owns 33,708 shares of the company’s stock worth $698,000 after buying an additional 1,449 shares during the last quarter. Belpointe Asset Management LLC boosted its holdings in shares of First Trust Commercial Mortgage Opportunities ETF by 7.5% in the second quarter. Belpointe Asset Management LLC now owns 21,237 shares of the company’s stock valued at $435,000 after acquiring an additional 1,490 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of First Trust Commercial Mortgage Opportunities ETF by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $61,000 after acquiring an additional 1,500 shares during the period. Farther Finance Advisors LLC increased its stake in shares of First Trust Commercial Mortgage Opportunities ETF by 7.6% during the third quarter. Farther Finance Advisors LLC now owns 60,989 shares of the company’s stock worth $1,251,000 after acquiring an additional 4,325 shares during the period. Finally, Platform Technology Partners raised its holdings in First Trust Commercial Mortgage Opportunities ETF by 12.7% during the first quarter. Platform Technology Partners now owns 47,087 shares of the company’s stock worth $958,000 after purchasing an additional 5,303 shares in the last quarter.

About First Trust Commercial Mortgage Opportunities 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.