First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) Sees Significant Increase in Short Interest

First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 8,100 shares, a growth of 145.5% from the August 15th total of 3,300 shares. Based on an average trading volume of 7,700 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.9% of the company’s shares are short sold. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 7,700 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of First Trust Commercial Mortgage Opportunities ETF

Several institutional investors have recently made changes to their positions in CAAA. Geneos Wealth Management Inc. grew its stake in shares of First Trust Commercial Mortgage Opportunities ETF by 100.0% in the 2nd 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 in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in First Trust Commercial Mortgage Opportunities ETF in the 2nd quarter valued at about $201,000. Belpointe Asset Management LLC increased its stake in First Trust Commercial Mortgage Opportunities ETF by 56.6% in the 1st quarter. Belpointe Asset Management LLC now owns 19,747 shares of the company’s stock valued at $402,000 after buying an additional 7,138 shares during the last quarter. Jane Street Group LLC purchased a new stake in First Trust Commercial Mortgage Opportunities ETF in the 1st quarter valued at about $435,000. Finally, Farther Finance Advisors LLC bought a new position in shares of First Trust Commercial Mortgage Opportunities ETF during the 1st quarter valued at approximately $628,000.

First Trust Commercial Mortgage Opportunities ETF Stock Performance

Shares of NYSEARCA:CAAA traded down $0.02 during mid-day trading on Monday, hitting $20.68. The company had a trading volume of 6,523 shares, compared to its average volume of 8,588. The firm has a fifty day moving average price of $20.47 and a 200 day moving average price of $20.37. First Trust Commercial Mortgage Opportunities ETF has a one year low of $20.07 and a one year high of $20.85.

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.