First Trust AAA CMBS ETF (NYSEARCA:CAAA) Short Interest Update

First Trust AAA CMBS ETF (NYSEARCA:CAAA) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 7,365 shares, a growth of 38.2% from the February 26th total of 5,329 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 11,491 shares, the short-interest ratio is presently 0.6 days.

First Trust AAA CMBS ETF Stock Performance

NYSEARCA:CAAA opened at $20.25 on Tuesday. First Trust AAA CMBS ETF has a 12-month low of $20.10 and a 12-month high of $20.85. The company’s 50-day moving average is $20.48 and its two-hundred day moving average is $20.54.

First Trust AAA CMBS ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were given a $0.08 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

Institutional Investors Weigh In On First Trust AAA CMBS ETF

A number of institutional investors have recently bought and sold shares of the stock. STAR Financial Bank raised its holdings in First Trust AAA CMBS ETF by 27.2% in the fourth quarter. STAR Financial Bank now owns 441,039 shares of the company’s stock valued at $9,041,000 after buying an additional 94,432 shares during the period. Prospera Financial Services Inc increased its position in shares of First Trust AAA CMBS ETF by 0.7% in the fourth quarter. Prospera Financial Services Inc now owns 296,939 shares of the company’s stock worth $6,087,000 after acquiring an additional 1,941 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of First Trust AAA CMBS ETF in the fourth quarter worth $78,000. Farther Finance Advisors LLC raised its stake in shares of First Trust AAA CMBS ETF by 24.0% in the 4th quarter. Farther Finance Advisors LLC now owns 75,608 shares of the company’s stock valued at $1,550,000 after acquiring an additional 14,619 shares during the period. Finally, Fearless Solutions LLC dba Best Invest purchased a new position in shares of First Trust AAA CMBS ETF in the 4th quarter valued at $215,000.

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.