First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA) Sees Large Decrease in Short Interest

by · The Markets Daily

First Trust Commercial Mortgage Opportunities ETF (NYSEARCA:CAAA – Get Free Report) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 2,319 shares, a decline of 90.7% from the November 30th total of 24,854 shares. Based on an average daily trading volume, of 12,142 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 12,142 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On First Trust Commercial Mortgage Opportunities ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC bought a new stake in shares of First Trust Commercial Mortgage Opportunities ETF during the 3rd quarter valued at $313,000. Prospera Financial Services Inc lifted its position in First Trust Commercial Mortgage Opportunities ETF by 4.9% during the 3rd quarter. Prospera Financial Services Inc now owns 294,998 shares of the company’s stock valued at $6,051,000 after acquiring an additional 13,692 shares during the period. Platform Technology Partners boosted its stake in First Trust Commercial Mortgage Opportunities ETF by 14.2% during the third quarter. Platform Technology Partners now owns 50,160 shares of the company’s stock worth $1,029,000 after acquiring an additional 6,245 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in First Trust Commercial Mortgage Opportunities ETF by 7.6% in the third quarter. Farther Finance Advisors LLC now owns 60,989 shares of the company’s stock worth $1,251,000 after purchasing an additional 4,325 shares during the period. Finally, Inspirion Wealth Advisors LLC grew its holdings in First Trust Commercial Mortgage Opportunities ETF by 4.5% in the third quarter. Inspirion Wealth Advisors LLC now owns 33,708 shares of the company’s stock worth $698,000 after purchasing an additional 1,449 shares during the period.

First Trust Commercial Mortgage Opportunities ETF Stock Performance

CAAA traded up $0.02 on Thursday, hitting $20.50. The company had a trading volume of 2,343 shares, compared to its average volume of 7,844. The stock has a fifty day simple moving average of $20.57 and a 200-day simple moving average of $20.51. First Trust Commercial Mortgage Opportunities ETF has a 52-week low of $20.07 and a 52-week high of $20.85.

First Trust Commercial Mortgage Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 21st were given a dividend of $0.09 per share. The ex-dividend date was Friday, November 21st. This represents a c) annualized dividend and a dividend yield of 5.3%.

About First Trust Commercial Mortgage Opportunities ETF

(Get Free Report)

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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