First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) Sees Significant Growth in Short Interest

First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 18,900 shares, a growth of 133.3% from the August 31st total of 8,100 shares. Based on an average daily volume of 6,600 shares, the short-interest ratio is currently 2.9 days. Based on an average daily volume of 6,600 shares, the short-interest ratio is currently 2.9 days.

Hedge Funds Weigh In On First Trust Commercial Mortgage Opportunities ETF

Several large investors have recently added to or reduced their stakes in CAAA. Prospera Financial Services Inc bought a new stake in shares of First Trust Commercial Mortgage Opportunities ETF in the 2nd quarter worth approximately $5,761,000. First Trust Advisors LP raised its stake in shares of First Trust Commercial Mortgage Opportunities ETF by 101.1% in the second quarter. First Trust Advisors LP now owns 72,000 shares of the company’s stock valued at $1,475,000 after purchasing an additional 36,192 shares in the last quarter. Farther Finance Advisors LLC bought a new position in First Trust Commercial Mortgage Opportunities ETF in the first quarter worth $628,000. Jane Street Group LLC bought a new position in First Trust Commercial Mortgage Opportunities ETF in the first quarter worth $435,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in First Trust Commercial Mortgage Opportunities ETF during the second quarter worth $201,000.

First Trust Commercial Mortgage Opportunities ETF Stock Down 0.1%

Shares of CAAA opened at $20.58 on Monday. The company has a 50-day simple moving average of $20.54 and a 200-day simple moving average of $20.40. First Trust Commercial Mortgage Opportunities ETF has a 52 week low of $20.07 and a 52 week high of $20.85.

About First Trust Commercial Mortgage Opportunities 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.