Short Interest in First Trust AAA CMBS ETF (NYSEARCA:CAAA) Rises By 325.9%

First Trust AAA CMBS ETF (NYSEARCA:CAAA) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 31,381 shares, an increase of 325.9% from the April 15th total of 7,369 shares. Based on an average daily trading volume, of 13,236 shares, the days-to-cover ratio is presently 2.4 days. Approximately 2.0% of the company’s shares are short sold.

First Trust AAA CMBS ETF Stock Performance

NYSEARCA:CAAA remained flat at $20.33 during trading hours on Thursday. The company’s stock had a trading volume of 4,343 shares, compared to its average volume of 10,968. The company’s fifty day moving average is $20.37 and its 200 day moving average is $20.49. First Trust AAA CMBS ETF has a 12-month low of $20.12 and a 12-month high of $20.85.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its holdings in First Trust AAA CMBS ETF by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $61,000 after buying an additional 1,500 shares in the last quarter. Prospera Financial Services Inc lifted its stake in shares of First Trust AAA CMBS ETF by 0.7% in the 4th quarter. Prospera Financial Services Inc now owns 296,939 shares of the company’s stock valued at $6,087,000 after purchasing an additional 1,941 shares during the period. International Assets Investment Management LLC acquired a new position in shares of First Trust AAA CMBS ETF in the 4th quarter valued at $78,000. Platform Technology Partners lifted its stake in shares of First Trust AAA CMBS ETF by 14.2% in the 3rd quarter. Platform Technology Partners now owns 50,160 shares of the company’s stock valued at $1,029,000 after purchasing an additional 6,245 shares during the period. Finally, Fearless Solutions LLC dba Best Invest acquired a new position in shares of First Trust AAA CMBS ETF in the 4th quarter valued at $215,000.

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.