Short Interest in First Trust AAA CMBS ETF (NYSEARCA:CAAA) Rises By 213.2%

First Trust AAA CMBS ETF (NYSEARCA:CAAA) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 30,291 shares, a growth of 213.2% from the June 15th total of 9,673 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average trading volume of 7,604 shares, the short-interest ratio is currently 4.0 days.

First Trust AAA CMBS ETF Trading Up 0.0%

Shares of NYSEARCA:CAAA traded up $0.01 on Tuesday, hitting $20.25. The company’s stock had a trading volume of 5,731 shares, compared to its average volume of 10,181. First Trust AAA CMBS ETF has a 12 month low of $20.13 and a 12 month high of $20.85. The stock’s 50-day moving average is $20.28 and its two-hundred day moving average is $20.40.

Hedge Funds Weigh In On First Trust AAA CMBS ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. boosted its holdings in shares of First Trust AAA CMBS ETF by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock valued at $61,000 after acquiring an additional 1,500 shares in the last quarter. International Assets Investment Management LLC bought a new position in First Trust AAA CMBS ETF during the 4th quarter valued at $78,000. Fearless Solutions LLC dba Best Invest bought a new position in First Trust AAA CMBS ETF during the 4th quarter valued at $215,000. Citadel Advisors LLC acquired a new position in shares of First Trust AAA CMBS ETF during the 3rd quarter valued at $313,000. Finally, Jane Street Group LLC acquired a new position in shares of First Trust AAA CMBS ETF during the 1st quarter valued at $435,000.

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.