PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Shares Shorted: Short Interest Down 58.7% in September

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 26,163 shares, a decline of 58.7% from the August 31st total of 63,294 shares. Based on an average trading volume of 13,183 shares, the short-interest ratio is currently 2.0 days. Currently, 0.6% of the shares of the company are short sold.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Performance

Shares of NYSEARCA MFUS traded down $0.44 during trading hours on Monday, reaching $65.21. 2,282 shares of the stock were exchanged, compared to its average volume of 13,614. The firm has a market capitalization of $301.27 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 52 week low of $54.14 and a 52 week high of $67.74. The stock’s fifty day simple moving average is $66.07 and its 200 day simple moving average is $63.99.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. First Growth Capital LLC grew its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 1.3% during the 1st quarter. First Growth Capital LLC now owns 19,214 shares of the company’s stock worth $1,125,000 after purchasing an additional 252 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 2.1% in the first quarter. Janney Montgomery Scott LLC now owns 25,790 shares of the company’s stock valued at $1,506,000 after buying an additional 519 shares in the last quarter. Walkner Condon Financial Advisors LLC boosted its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 18.9% in the first quarter. Walkner Condon Financial Advisors LLC now owns 14,306 shares of the company’s stock valued at $836,000 after buying an additional 2,273 shares during the period. Mid American Wealth Advisory Group Inc. grew its position in 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 buying an additional 2,315 shares in the last quarter. Finally, Williams & Novak LLC grew its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 1.9% during the second quarter. Williams & Novak LLC now owns 149,114 shares of the company’s stock worth $10,016,000 after buying an additional 2,775 shares in the last quarter.

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.