First Trust AAA CMBS ETF (NYSEARCA:CAAA) Shares Shorted: Short Interest Up 5,772.8% in October

First Trust AAA CMBS ETF (NYSEARCA:CAAA) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 17,677 shares, an increase of 5,772.8% from the October 15th total of 301 shares. Based on an average daily volume of 7,099 shares, the short-interest ratio is presently 2.5 days. Currently, 1.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. United Advisor Group LLC boosted its position in First Trust AAA CMBS ETF by 11.0% during the 3rd quarter. United Advisor Group LLC now owns 13,847 shares of the company’s stock worth $273,000 after buying an additional 1,367 shares during the period. Inspirion Wealth Advisors LLC bought a new stake in First Trust AAA CMBS ETF during the 3rd quarter worth approximately $522,000. Kestra Advisory Services LLC increased its position in First Trust AAA CMBS ETF by 6.4% in the 3rd quarter. Kestra Advisory Services LLC now owns 58,098 shares of the company’s stock valued at $1,145,000 after acquiring an additional 3,497 shares during the period. Farther Finance Advisors LLC increased its position in First Trust AAA CMBS ETF by 14.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 88,382 shares of the company’s stock valued at $1,742,000 after acquiring an additional 11,342 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new position in First Trust AAA CMBS ETF in the 3rd quarter valued at approximately $2,717,000.

First Trust AAA CMBS ETF Price Performance

Shares of CAAA stock opened at $19.88 on Thursday. The business’s 50-day moving average price is $19.88 and its 200-day moving average price is $20.22. First Trust AAA CMBS ETF has a 12 month low of $19.65 and a 12 month high of $20.85.

First Trust AAA CMBS 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.