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

First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 13,407 shares, a growth of 90.4% from the December 31st total of 7,040 shares. Based on an average daily volume of 8,629 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.0% of the shares of the company are short sold. Approximately 1.0% of the shares of the company are short sold. Based on an average daily volume of 8,629 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CAAA. Belpointe Asset Management LLC grew its holdings in First Trust Commercial Mortgage Opportunities ETF by 7.5% during the second quarter. Belpointe Asset Management LLC now owns 21,237 shares of the company’s stock worth $435,000 after acquiring an additional 1,490 shares during the period. Prospera Financial Services Inc acquired a new position in shares of First Trust Commercial Mortgage Opportunities ETF in the 2nd quarter worth approximately $5,761,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of First Trust Commercial Mortgage Opportunities ETF in the 2nd quarter worth approximately $201,000. First Trust Advisors LP raised its holdings in shares of First Trust Commercial Mortgage Opportunities 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 purchasing an additional 36,192 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in First Trust Commercial Mortgage Opportunities ETF during the first quarter valued at approximately $435,000.

First Trust Commercial Mortgage Opportunities ETF Price Performance

Shares of CAAA traded up $0.02 during trading hours on Friday, reaching $20.47. 1,599 shares of the company’s stock traded hands, compared to its average volume of 13,375. First Trust Commercial Mortgage Opportunities ETF has a twelve month low of $20.10 and a twelve month high of $20.85. The business’s fifty day simple moving average is $20.53 and its two-hundred day simple moving average is $20.54.

First Trust Commercial Mortgage Opportunities ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st will be given a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Wednesday, January 21st.

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.