First Trust AAA CMBS ETF (NYSEARCA:CAAA – Get Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 30,291 shares, a growth of 213.2% from the June 15th total of 9,673 shares. Based on an average daily volume of 7,604 shares, the short-interest ratio is currently 4.0 days. Approximately 1.8% of the shares of the stock are short sold.
First Trust AAA CMBS ETF Stock Performance
Shares of First Trust AAA CMBS ETF stock traded down $0.02 during midday trading on Monday, reaching $20.25. The company had a trading volume of 1,623 shares, compared to its average volume of 10,189. The stock has a fifty day simple moving average of $20.29 and a 200 day simple moving average of $20.40. First Trust AAA CMBS ETF has a 1-year low of $20.13 and a 1-year high of $20.85.
Hedge Funds Weigh In On First Trust AAA CMBS ETF
Large investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in shares of First Trust AAA CMBS ETF during the 1st quarter valued at $435,000. First Trust Advisors LP boosted its position 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 purchasing 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% during the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $61,000 after purchasing an additional 1,500 shares during the period. Citadel Advisors LLC acquired a new stake in shares of First Trust AAA CMBS ETF during the third quarter worth $313,000. Finally, Fearless Solutions LLC dba Best Invest bought a new stake in First Trust AAA CMBS ETF in the fourth quarter valued at about $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.
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