First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) Short Interest Up 90.4% in January

First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 13,407 shares, an increase of 90.4% from the December 31st total of 7,040 shares. Based on an average daily trading volume, of 8,629 shares, the short-interest ratio is currently 1.6 days. Approximately 1.0% of the shares of the company are sold short. Approximately 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 8,629 shares, the short-interest ratio is currently 1.6 days.

First Trust Commercial Mortgage Opportunities ETF Stock Up 0.1%

First Trust Commercial Mortgage Opportunities ETF stock traded up $0.02 during trading hours on Friday, reaching $20.47. 1,599 shares of the stock were exchanged, compared to its average volume of 13,375. First Trust Commercial Mortgage Opportunities ETF has a 52-week low of $20.10 and a 52-week high of $20.85. The firm’s 50 day moving average is $20.53 and its 200 day moving average is $20.54.

First Trust Commercial Mortgage Opportunities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st will be issued a $0.08 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Wednesday, January 21st.

Institutional Trading of First Trust Commercial Mortgage Opportunities ETF

Hedge funds have recently modified their holdings of the business. Belpointe Asset Management LLC grew its holdings in First Trust Commercial Mortgage Opportunities ETF by 7.5% during the second quarter. Belpointe Asset Management LLC now owns 21,237 shares of the company’s stock worth $435,000 after acquiring an additional 1,490 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in shares of First Trust Commercial Mortgage Opportunities ETF during the 2nd quarter worth $201,000. Prospera Financial Services Inc acquired a new position in shares of First Trust Commercial Mortgage Opportunities ETF during the 2nd quarter worth $5,761,000. First Trust Advisors LP increased its holdings in shares of First Trust Commercial Mortgage Opportunities ETF by 101.1% in the 2nd quarter. First Trust Advisors LP now owns 72,000 shares of the company’s stock valued at $1,475,000 after purchasing an additional 36,192 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of First Trust Commercial Mortgage Opportunities ETF by 24.0% in the 4th quarter. Farther Finance Advisors LLC now owns 75,608 shares of the company’s stock valued at $1,550,000 after purchasing an additional 14,619 shares in the last quarter.

First Trust Commercial Mortgage Opportunities 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.