PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Short Interest Update

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 63,294 shares, a growth of 102.2% from the August 15th total of 31,307 shares. Based on an average daily trading volume, of 17,027 shares, the short-interest ratio is presently 3.7 days. Approximately 1.4% of the shares of the company are short sold.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Down 1.0%

Shares of NYSEARCA:MFUS traded down $0.64 during midday trading on Monday, reaching $65.53. 11,434 shares of the company traded hands, compared to its average volume of 13,849. The firm’s fifty day moving average price is $66.06 and its two-hundred day moving average price is $63.62. The firm has a market capitalization of $296.20 million, a price-to-earnings ratio of 19.69 and a beta of 0.84. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 12 month low of $54.14 and a 12 month high of $67.74.

Hedge Funds Weigh In On PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

Large investors have recently modified their holdings of the company. Walkner Condon Financial Advisors LLC grew its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 18.9% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 14,306 shares of the company’s stock worth $836,000 after acquiring an additional 2,273 shares during the last quarter. Operose Advisors LLC bought a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the second quarter valued at about $1,015,000. Mid American Wealth Advisory Group Inc. boosted its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 17.4% during the second quarter. Mid American Wealth Advisory Group Inc. now owns 15,609 shares of the company’s stock worth $1,048,000 after purchasing an additional 2,315 shares during the period. First Growth Capital LLC bought a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the fourth quarter worth about $1,157,000. Finally, SFG Wealth Management LLC. bought a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the second quarter worth about $1,710,000.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Company Profile

The PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) is an exchange-traded fund that is based on the RAFI Dynamic Multi-Factor U.S. index. The fund tracks an index of US companies that are selected and weighted by a combination of fundamental and technical factors. MFUS was launched on Aug 31, 2017 and is managed by PIMCO.