Short Interest in First Trust AAA CMBS ETF (NYSEARCA:CAAA) Rises By 325.9%

First Trust AAA CMBS ETF (NYSEARCA:CAAA) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 31,381 shares, an increase of 325.9% from the April 15th total of 7,369 shares. Based on an average trading volume of 13,236 shares, the short-interest ratio is presently 2.4 days. Currently, 2.0% of the company’s stock are short sold.

Hedge Funds Weigh In On First Trust AAA CMBS ETF

A number of hedge funds have recently added to or reduced their stakes in the company. STAR Financial Bank raised its position in First Trust AAA CMBS ETF by 27.2% during the fourth quarter. STAR Financial Bank now owns 441,039 shares of the company’s stock valued at $9,041,000 after acquiring an additional 94,432 shares in the last quarter. Prospera Financial Services Inc increased its stake in shares of First Trust AAA CMBS ETF by 0.7% during the 4th quarter. Prospera Financial Services Inc now owns 296,939 shares of the company’s stock worth $6,087,000 after purchasing an additional 1,941 shares during the last quarter. Platform Technology Partners raised its holdings in shares of First Trust AAA CMBS ETF by 58.3% during the 1st quarter. Platform Technology Partners now owns 94,307 shares of the company’s stock valued at $1,914,000 after purchasing an additional 34,737 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of First Trust AAA CMBS ETF during the 1st quarter valued at $1,744,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of First Trust AAA CMBS ETF by 24.0% in the 4th quarter. Farther Finance Advisors LLC now owns 75,608 shares of the company’s stock valued at $1,550,000 after purchasing an additional 14,619 shares during the last quarter.

First Trust AAA CMBS ETF Stock Performance

NYSEARCA CAAA traded down $0.08 on Friday, reaching $20.25. The stock had a trading volume of 1,987 shares, compared to its average volume of 10,871. First Trust AAA CMBS ETF has a 1 year low of $20.12 and a 1 year high of $20.85. The business has a 50 day moving average price of $20.37 and a 200 day moving average price of $20.49.

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.