First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) Short Interest Up 90.4% in January

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

Institutional Investors Weigh In On First Trust Commercial Mortgage Opportunities ETF

Hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. lifted its position in shares of First Trust Commercial Mortgage Opportunities ETF by 100.0% during the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock valued at $61,000 after buying an additional 1,500 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of First Trust Commercial Mortgage Opportunities ETF during the second quarter worth about $201,000. Fearless Solutions LLC dba Best Invest purchased a new position in shares of First Trust Commercial Mortgage Opportunities ETF during the fourth quarter worth $215,000. Citadel Advisors LLC acquired a new position in First Trust Commercial Mortgage Opportunities ETF during the third quarter valued at $313,000. Finally, Jane Street Group LLC purchased a new stake in First Trust Commercial Mortgage Opportunities ETF in the first quarter valued at $435,000.

First Trust Commercial Mortgage Opportunities ETF Price Performance

CAAA stock traded up $0.02 during mid-day trading on Friday, reaching $20.47. The company had a trading volume of 1,599 shares, compared to its average volume of 13,375. The firm has a 50 day moving average of $20.52 and a 200 day moving average of $20.54. First Trust Commercial Mortgage Opportunities ETF has a 12 month low of $20.10 and a 12 month high of $20.85.

First Trust Commercial Mortgage Opportunities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were issued a $0.08 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Wednesday, January 21st.

First Trust Commercial Mortgage Opportunities 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.