First Trust AAA CMBS ETF (NYSEARCA:CAAA – Get Free Report) saw a significant growth in short interest in the month of 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. Currently, 1.8% of the company’s shares are short sold. Based on an average trading volume of 7,604 shares, the short-interest ratio is presently 4.0 days.
Institutional Trading of First Trust AAA CMBS ETF
Several institutional investors and hedge funds have recently bought and sold shares of the stock. STAR Financial Bank boosted its position in shares of First Trust AAA CMBS ETF by 27.2% during the 4th quarter. STAR Financial Bank now owns 441,039 shares of the company’s stock worth $9,041,000 after purchasing an additional 94,432 shares during the period. Kestra Advisory Services LLC purchased a new stake in First Trust AAA CMBS ETF in the first quarter valued at approximately $1,744,000. First Trust Advisors LP lifted its stake in First Trust AAA CMBS ETF by 101.1% during the second quarter. First Trust Advisors LP now owns 72,000 shares of the company’s stock worth $1,475,000 after purchasing an additional 36,192 shares in the last quarter. Platform Technology Partners lifted its stake in First Trust AAA CMBS ETF by 58.3% during the first quarter. Platform Technology Partners now owns 94,307 shares of the company’s stock worth $1,914,000 after purchasing an additional 34,737 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of First Trust AAA CMBS ETF during the first quarter worth $435,000.
First Trust AAA CMBS ETF Stock Performance
NYSEARCA:CAAA opened at $20.25 on Wednesday. First Trust AAA CMBS ETF has a 52 week low of $20.13 and a 52 week high of $20.85. The stock’s fifty day moving average is $20.28 and its two-hundred day moving average is $20.40.
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.
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