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

First Trust AAA CMBS ETF (NYSEARCA:CAAA) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,961 shares, a growth of 135.0% from the August 15th total of 1,260 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 5,358 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On First Trust AAA CMBS ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC purchased a new position in shares of First Trust AAA CMBS ETF during the first quarter valued at approximately $435,000. First Trust Advisors LP grew its stake in shares of First Trust AAA CMBS ETF by 101.1% in the 2nd quarter. First Trust Advisors LP now owns 72,000 shares of the company’s stock worth $1,475,000 after buying an additional 36,192 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of First Trust AAA CMBS 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 buying an additional 1,500 shares during the last quarter. Citadel Advisors LLC bought a new position in First Trust AAA CMBS ETF during the 3rd quarter valued at approximately $313,000. Finally, Prospera Financial Services Inc raised its stake in First Trust AAA CMBS ETF by 0.7% during the fourth quarter. Prospera Financial Services Inc now owns 296,939 shares of the company’s stock valued at $6,087,000 after buying an additional 1,941 shares during the last quarter.

First Trust AAA CMBS ETF Price Performance

NYSEARCA:CAAA opened at $19.97 on Monday. The firm’s 50-day moving average price is $20.18 and its 200-day moving average price is $20.29. First Trust AAA CMBS ETF has a 1-year low of $19.94 and a 1-year 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.