First Trust AAA CMBS ETF (NYSEARCA:CAAA) Sees Large Decline in Short Interest

First Trust AAA CMBS ETF (NYSEARCA:CAAA) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 4,550 shares, a decline of 85.0% from the June 30th total of 30,291 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 4,650 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On First Trust AAA CMBS ETF

Several hedge funds and other institutional investors have recently bought and sold shares of CAAA. Jane Street Group LLC purchased a new stake in First Trust AAA CMBS ETF in the 1st quarter valued at $435,000. First Trust Advisors LP increased its stake in First Trust AAA CMBS ETF by 101.1% in the second quarter. First Trust Advisors LP now owns 72,000 shares of the company’s stock valued at $1,475,000 after purchasing an additional 36,192 shares during the period. Geneos Wealth Management Inc. increased its stake in 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 purchasing an additional 1,500 shares during the period. Citadel Advisors LLC purchased a new stake in shares of First Trust AAA CMBS ETF in the third quarter valued at about $313,000. Finally, Fearless Solutions LLC dba Best Invest purchased a new stake in shares of First Trust AAA CMBS ETF in the fourth quarter valued at about $215,000.

First Trust AAA CMBS ETF Stock Up 0.0%

CAAA stock traded up $0.01 during midday trading on Friday, reaching $20.10. 8,976 shares of the company were exchanged, compared to its average volume of 9,893. First Trust AAA CMBS ETF has a 1-year low of $20.05 and a 1-year high of $20.85. The stock’s 50-day simple moving average is $20.26 and its 200 day simple moving average is $20.38.

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.