PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) Short Interest Update

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 25,396 shares, an increase of 118.1% from the January 15th total of 11,646 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average trading volume of 18,405 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 18,405 shares, the short-interest ratio is currently 1.4 days. Approximately 0.5% of the company’s shares are short sold.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Stock Performance

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF stock traded down $0.30 during trading on Thursday, reaching $26.45. The company had a trading volume of 11,186 shares, compared to its average volume of 15,075. PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF has a 12-month low of $16.74 and a 12-month high of $26.88. The stock’s 50 day moving average price is $24.22 and its two-hundred day moving average price is $22.94. The firm has a market capitalization of $130.13 million, a price-to-earnings ratio of 11.32 and a beta of 0.72.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF stock. Flow Traders U.S. LLC grew its position in shares of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) by 52.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,038 shares of the company’s stock after acquiring an additional 7,234 shares during the quarter. Flow Traders U.S. LLC owned about 0.45% of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF worth $445,000 at the end of the most recent quarter.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Company Profile

The PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market companies that are selected and weighted by a combination of fundamental and technical factors. MFEM was launched on Aug 31, 2017 and is managed by PIMCO.