First Trust AAA CMBS ETF (NYSEARCA:CAAA) Sees Significant Increase in Short Interest

First Trust AAA CMBS ETF (NYSEARCA:CAAA) saw a large increase in short interest in 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. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 4,999 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Investors Weigh In On First Trust AAA CMBS ETF

A number of institutional investors have recently modified their holdings of CAAA. STAR Financial Bank raised its stake 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 period. Prospera Financial Services Inc raised its position in shares of First Trust AAA CMBS ETF by 0.7% during the 4th quarter. Prospera Financial Services Inc now owns 296,939 shares of the company’s stock worth $6,087,000 after purchasing an additional 1,941 shares during the period. Platform Technology Partners raised its position 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. Kestra Advisory Services LLC bought a new stake in shares of First Trust AAA CMBS ETF in the 1st quarter worth approximately $1,744,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of First Trust AAA CMBS ETF by 24.0% in the 4th quarter. Farther Finance Advisors LLC now owns 75,608 shares of the company’s stock worth $1,550,000 after purchasing an additional 14,619 shares during the last quarter.

First Trust AAA CMBS ETF Stock Performance

Shares of CAAA opened at $20.28 on Thursday. The business’s fifty day moving average price is $20.25 and its 200 day moving average price is $20.34. First Trust AAA CMBS ETF has a 12-month low of $20.05 and a 12-month high of $20.85.

About First Trust AAA CMBS 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.