First Trust AAA CMBS ETF (NYSEARCA:CAAA) Short Interest Update

First Trust AAA CMBS ETF (NYSEARCA:CAAA) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 9,226 shares, a decline of 70.6% from the April 30th total of 31,381 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 6,445 shares, the short-interest ratio is presently 1.4 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CAAA. Jane Street Group LLC acquired a new position in First Trust AAA CMBS ETF during the 1st quarter worth about $435,000. First Trust Advisors LP lifted its holdings in First Trust AAA CMBS ETF by 101.1% during the 2nd quarter. First Trust Advisors LP now owns 72,000 shares of the company’s stock worth $1,475,000 after buying an additional 36,192 shares during the period. Geneos Wealth Management Inc. lifted its holdings in First Trust AAA CMBS ETF by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $61,000 after buying an additional 1,500 shares during the period. Prospera Financial Services Inc lifted its holdings in First Trust AAA CMBS ETF by 4.9% during the 3rd quarter. Prospera Financial Services Inc now owns 294,998 shares of the company’s stock worth $6,051,000 after buying an additional 13,692 shares during the period. Finally, Citadel Advisors LLC acquired a new position in First Trust AAA CMBS ETF during the 3rd quarter worth about $313,000.

First Trust AAA CMBS ETF Price Performance

CAAA stock remained flat at $20.26 during midday trading on Friday. The company had a trading volume of 12,636 shares, compared to its average volume of 10,370. First Trust AAA CMBS ETF has a twelve month low of $20.13 and a twelve month high of $20.85. The firm has a 50 day moving average of $20.32 and a two-hundred day moving average of $20.46.

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.