PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Short Interest Down 63.8% in February

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) was the recipient of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 18,415 shares, a decline of 63.8% from the February 12th total of 50,918 shares. Based on an average daily volume of 37,291 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 37,291 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On PIMCO RAFI Dynamic Multi-Factor International Equity ETF

Large investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC increased its holdings in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 1.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 78,759 shares of the company’s stock valued at $3,026,000 after purchasing an additional 1,012 shares in the last quarter. JPMorgan Chase & Co. boosted its position in PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 23.0% in the 4th quarter. JPMorgan Chase & Co. now owns 132,503 shares of the company’s stock valued at $5,092,000 after buying an additional 24,753 shares during the last quarter. Finally, EQ Wealth Advisors LLC increased its stake in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 70.1% in the 4th quarter. EQ Wealth Advisors LLC now owns 9,445 shares of the company’s stock valued at $363,000 after buying an additional 3,892 shares during the period.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Price Performance

Shares of NYSEARCA:MFDX traded down $0.46 during midday trading on Friday, reaching $39.56. The company’s stock had a trading volume of 12,964 shares, compared to its average volume of 28,885. The business’s fifty day simple moving average is $40.97 and its 200-day simple moving average is $38.65. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a fifty-two week low of $28.52 and a fifty-two week high of $43.15. The company has a market capitalization of $419.34 million, a P/E ratio of 14.93 and a beta of 0.73.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Company Profile

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.