First Trust AAA CMBS ETF (NYSEARCA:CAAA – Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 6,667 shares, a growth of 368.2% from the September 15th total of 1,424 shares. Based on an average daily trading volume, of 4,199 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.4% of the company’s stock are sold short.
First Trust AAA CMBS ETF Stock Down 0.1%
Shares of First Trust AAA CMBS ETF stock traded down $0.01 during midday trading on Friday, reaching $19.80. 7,202 shares of the company’s stock traded hands, compared to its average volume of 8,597. First Trust AAA CMBS ETF has a 52 week low of $19.65 and a 52 week high of $20.85. The company’s 50 day simple moving average is $20.03 and its 200 day simple moving average is $20.20.
Institutional Investors Weigh In On First Trust AAA CMBS ETF
Several hedge funds have recently modified their holdings of CAAA. STAR Financial Bank increased its position in First Trust AAA CMBS ETF by 27.2% in the fourth 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. Platform Technology Partners raised its holdings in 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 last quarter. Inspirion Wealth Advisors LLC bought a new stake in First Trust AAA CMBS ETF during the 3rd quarter worth about $522,000. Kestra Advisory Services LLC acquired a new position in First Trust AAA CMBS ETF during the 1st quarter valued at about $1,744,000. Finally, Farther Finance Advisors LLC lifted its position in First Trust AAA CMBS ETF by 14.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 88,382 shares of the company’s stock valued at $1,742,000 after purchasing an additional 11,342 shares during the period.
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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