First Trust AAA CMBS ETF (NYSEARCA:CAAA) Shares Shorted: Short Interest Up 5,772.8% in October

First Trust AAA CMBS ETF (NYSEARCA:CAAA) was the target of a large 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. Approximately 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.

Institutional Trading of First Trust AAA CMBS ETF

Several institutional investors and hedge funds have recently bought and sold shares of CAAA. United Advisor Group LLC boosted its holdings in shares of First Trust AAA CMBS ETF by 11.0% in the 3rd 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 last quarter. Kestra Advisory Services LLC increased its stake in shares of First Trust AAA CMBS ETF by 6.4% in 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 period. Commonwealth Equity Services LLC purchased a new position in shares of First Trust AAA CMBS ETF during the third quarter worth $2,717,000. Inspirion Wealth Advisors LLC purchased a new position in shares of First Trust AAA CMBS ETF during the third quarter worth $522,000. Finally, Farther Finance Advisors LLC lifted its position in First Trust AAA CMBS ETF by 14.7% during the third quarter. Farther Finance Advisors LLC now owns 88,382 shares of the company’s stock valued at $1,742,000 after purchasing an additional 11,342 shares during the period.

First Trust AAA CMBS ETF Trading Down 0.5%

Shares of NYSEARCA:CAAA traded down $0.11 during trading on Tuesday, hitting $19.89. The stock had a trading volume of 3,702 shares, compared to its average volume of 8,596. First Trust AAA CMBS ETF has a 12-month low of $19.65 and a 12-month high of $20.85. The stock has a 50-day simple moving average of $19.88 and a two-hundred day simple moving average of $20.22.

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.