First Trust AAA CMBS ETF (NYSEARCA:CAAA – Get Free Report) saw a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 17,677 shares, an increase of 5,772.8% from the October 15th total of 301 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily volume of 7,099 shares, the days-to-cover ratio is presently 2.5 days.
First Trust AAA CMBS ETF Price Performance
CAAA stock opened at $19.89 on Wednesday. First Trust AAA CMBS ETF has a twelve month low of $19.65 and a twelve month high of $20.85. The business’s 50-day simple moving average is $19.88 and its 200 day simple moving average is $20.22.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. United Advisor Group LLC grew its position in First Trust AAA CMBS ETF by 11.0% in the third quarter. United Advisor Group LLC now owns 13,847 shares of the company’s stock valued at $273,000 after acquiring an additional 1,367 shares during the period. Kestra Advisory Services LLC raised its position in shares of First Trust AAA CMBS ETF by 6.4% during the third quarter. Kestra Advisory Services LLC now owns 58,098 shares of the company’s stock worth $1,145,000 after acquiring an additional 3,497 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in First Trust AAA CMBS ETF during the 3rd quarter worth about $2,717,000. Inspirion Wealth Advisors LLC acquired a new position in First Trust AAA CMBS ETF in the third quarter valued at approximately $522,000. Finally, Farther Finance Advisors LLC raised its position in shares of First Trust AAA CMBS ETF by 14.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 88,382 shares of the company’s stock valued at $1,742,000 after acquiring an additional 11,342 shares during the last quarter.
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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