PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Short Interest Update

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 5,132 shares, a drop of 76.1% from the November 30th total of 21,496 shares. Based on an average daily volume of 26,260 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 26,260 shares, the days-to-cover ratio is presently 0.2 days.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Trading Up 0.1%

NYSEARCA MFDX traded up $0.05 on Friday, hitting $38.91. 12,729 shares of the company traded hands, compared to its average volume of 31,677. The business’s 50 day moving average price is $37.65 and its 200-day moving average price is $36.71. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 52-week low of $28.52 and a 52-week high of $38.93. The company has a market capitalization of $412.45 million, a price-to-earnings ratio of 14.93 and a beta of 0.73.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MFDX. JPMorgan Chase & Co. increased its holdings in PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 18.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 141,376 shares of the company’s stock worth $5,080,000 after acquiring an additional 22,184 shares in the last quarter. Moloney Securities Asset Management LLC boosted its position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 4.6% in the second quarter. Moloney Securities Asset Management LLC now owns 15,569 shares of the company’s stock worth $559,000 after purchasing an additional 685 shares during the period. Private Trust Co. NA bought a new position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF in the second quarter worth approximately $31,000. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF in the second quarter worth $2,398,000.

About PIMCO RAFI Dynamic Multi-Factor International Equity ETF

The PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an international, developed-market equity index that selects securities according to a combination of fundamental and technical factors. MFDX was launched on Aug 31, 2017 and is managed by PIMCO.