First Trust AAA CMBS ETF (NYSEARCA:CAAA) Stock Short Interest Falls 51.9%

First Trust AAA CMBS ETF (NYSEARCA:CAAA – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 1,424 shares, a decrease of 51.9% from the August 31st total of 2,961 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 4,379 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of First Trust AAA CMBS ETF

Several large investors have recently added to or reduced their stakes in the stock. STAR Financial Bank boosted its stake in shares of First Trust AAA CMBS ETF by 27.2% in the fourth 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 boosted its holdings in shares of First Trust AAA CMBS ETF by 58.3% in the first quarter. Platform Technology Partners now owns 94,307 shares of the company’s stock valued at $1,914,000 after acquiring an additional 34,737 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in First Trust AAA CMBS ETF during the 1st quarter valued at $1,744,000.

First Trust AAA CMBS ETF Stock Performance

CAAA traded up $0.01 during midday trading on Thursday, reaching $19.73. 6,860 shares of the company’s stock were exchanged, compared to its average volume of 8,680. First Trust AAA CMBS ETF has a 1-year low of $19.65 and a 1-year high of $20.85. The business’s 50-day moving average price is $20.08 and its 200 day moving average price is $20.23.

First Trust AAA CMBS ETF Company Profile

(Get Free Report)

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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