First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) Short Interest Update

First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 13,407 shares, a growth of 90.4% from the December 31st total of 7,040 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 8,629 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily trading volume, of 8,629 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.0% of the shares of the company are short sold.

First Trust Commercial Mortgage Opportunities ETF Price Performance

NYSEARCA CAAA traded up $0.02 on Friday, reaching $20.47. 1,599 shares of the stock were exchanged, compared to its average volume of 13,375. The company’s 50-day simple moving average is $20.52 and its two-hundred day simple moving average is $20.54. First Trust Commercial Mortgage Opportunities ETF has a one year low of $20.10 and a one year high of $20.85.

First Trust Commercial Mortgage Opportunities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 21st were issued a dividend of $0.08 per share. The ex-dividend date was Wednesday, January 21st. This represents a c) dividend on an annualized basis and a yield of 4.7%.

Institutional Investors Weigh In On First Trust Commercial Mortgage Opportunities ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC increased its holdings in shares of First Trust Commercial Mortgage Opportunities ETF by 24.0% in the fourth 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 period. Fearless Solutions LLC dba Best Invest purchased a new position in First Trust Commercial Mortgage Opportunities ETF in the 4th quarter worth approximately $215,000. Citadel Advisors LLC purchased a new stake in First Trust Commercial Mortgage Opportunities ETF in the 3rd quarter valued at $313,000. Prospera Financial Services Inc grew its stake in shares of First Trust Commercial Mortgage Opportunities ETF by 4.9% in the 3rd quarter. Prospera Financial Services Inc now owns 294,998 shares of the company’s stock valued at $6,051,000 after buying an additional 13,692 shares during the period. Finally, Platform Technology Partners increased its stake in First Trust Commercial Mortgage Opportunities ETF by 14.2% during the third quarter. Platform Technology Partners now owns 50,160 shares of the company’s stock worth $1,029,000 after acquiring an additional 6,245 shares during the last quarter.

First Trust Commercial Mortgage Opportunities 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.