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

First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 7,040 shares, an increase of 203.6% from the December 15th total of 2,319 shares. Based on an average trading volume of 7,773 shares, the short-interest ratio is presently 0.9 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 7,773 shares, the short-interest ratio is presently 0.9 days.

First Trust Commercial Mortgage Opportunities ETF Price Performance

Shares of First Trust Commercial Mortgage Opportunities ETF stock traded down $0.04 on Thursday, hitting $20.55. The company’s stock had a trading volume of 4,567 shares, compared to its average volume of 7,922. First Trust Commercial Mortgage Opportunities ETF has a 1 year low of $20.10 and a 1 year high of $20.85. The firm has a fifty day moving average price of $20.55 and a 200-day moving average price of $20.53.

First Trust Commercial Mortgage Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were paid a dividend of $0.09 per share. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Friday, November 21st.

Institutional Investors Weigh In On First Trust Commercial Mortgage Opportunities ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in CAAA. Citadel Advisors LLC acquired a new position in First Trust Commercial Mortgage Opportunities ETF during the third quarter worth $313,000. Prospera Financial Services Inc boosted its position in shares of First Trust Commercial Mortgage Opportunities ETF by 4.9% during the 3rd quarter. Prospera Financial Services Inc now owns 294,998 shares of the company’s stock valued at $6,051,000 after acquiring an additional 13,692 shares during the last quarter. Platform Technology Partners boosted its position in shares of First Trust Commercial Mortgage Opportunities ETF by 14.2% during the 3rd quarter. Platform Technology Partners now owns 50,160 shares of the company’s stock valued at $1,029,000 after acquiring an additional 6,245 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of First Trust Commercial Mortgage Opportunities ETF by 7.6% in the third quarter. Farther Finance Advisors LLC now owns 60,989 shares of the company’s stock valued at $1,251,000 after purchasing an additional 4,325 shares during the period. Finally, Inspirion Wealth Advisors LLC increased its position in First Trust Commercial Mortgage Opportunities ETF by 4.5% during the third quarter. Inspirion Wealth Advisors LLC now owns 33,708 shares of the company’s stock worth $698,000 after purchasing an additional 1,449 shares during the last quarter.

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.