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

First Trust AAA CMBS ETF (NYSEARCA:CAAA) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 1,424 shares, a decline 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 daily volume of 4,379 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC purchased a new position in First Trust AAA CMBS ETF in the first quarter valued at about $1,744,000. Platform Technology Partners grew its holdings in shares of First Trust AAA CMBS ETF by 58.3% in the 1st quarter. Platform Technology Partners now owns 94,307 shares of the company’s stock worth $1,914,000 after acquiring an additional 34,737 shares during the period. Finally, STAR Financial Bank grew its holdings in shares of First Trust AAA CMBS ETF by 27.2% in the 4th 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.

First Trust AAA CMBS ETF Stock Performance

Shares of NYSEARCA:CAAA traded down $0.04 on Wednesday, reaching $19.68. 924 shares of the company were exchanged, compared to its average volume of 8,690. The company has a 50-day moving average of $20.09 and a 200-day moving average of $20.23. First Trust AAA CMBS ETF has a 1-year low of $19.70 and a 1-year high of $20.85.

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.