First Trust AAA CMBS ETF (NYSEARCA:CAAA – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 6,667 shares, an increase of 368.2% from the September 15th total of 1,424 shares. Based on an average daily trading volume, of 4,199 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.4% of the company’s shares are short sold.
Institutional Trading of First Trust AAA CMBS ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in CAAA. STAR Financial Bank increased its position in First Trust AAA CMBS ETF by 27.2% during the 4th quarter. STAR Financial Bank now owns 441,039 shares of the company’s stock valued at $9,041,000 after purchasing an additional 94,432 shares during the period. Platform Technology Partners raised its holdings in 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 purchasing an additional 34,737 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of First Trust AAA CMBS ETF in the 1st quarter worth about $1,744,000. Farther Finance Advisors LLC lifted its position in shares of First Trust AAA CMBS ETF by 14.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 88,382 shares of the company’s stock worth $1,742,000 after purchasing an additional 11,342 shares during the period. Finally, Inspirion Wealth Advisors LLC purchased a new stake in shares of First Trust AAA CMBS ETF in the 3rd quarter worth about $522,000.
First Trust AAA CMBS ETF Trading Down 0.0%
NYSEARCA CAAA traded down $0.01 on Monday, hitting $19.79. The company’s stock had a trading volume of 7,202 shares, compared to its average volume of 8,597. First Trust AAA CMBS ETF has a 52-week low of $19.65 and a 52-week high of $20.85. The company’s 50-day simple moving average is $20.03 and its 200 day simple moving average is $20.20.
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.
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