Short Interest in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Grows By 246.7%

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 81,271 shares, a growth of 246.7% from the January 29th total of 23,442 shares. Based on an average daily trading volume, of 14,234 shares, the days-to-cover ratio is presently 5.7 days. Currently, 2.2% of the company’s shares are sold short. Currently, 2.2% of the company’s shares are sold short. Based on an average daily trading volume, of 14,234 shares, the days-to-cover ratio is presently 5.7 days.

Institutional Trading of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

Several large investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. lifted its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 101.8% in the 4th quarter. Geneos Wealth Management Inc. now owns 575 shares of the company’s stock worth $33,000 after purchasing an additional 290 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the second quarter valued at approximately $99,000. Royal Bank of Canada lifted its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 446.3% in the fourth quarter. Royal Bank of Canada now owns 3,070 shares of the company’s stock worth $174,000 after buying an additional 2,508 shares in the last quarter. EQ Wealth Advisors LLC bought a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the fourth quarter worth $181,000. Finally, Integrated Wealth Concepts LLC grew its stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 8.2% during the first quarter. Integrated Wealth Concepts LLC now owns 7,973 shares of the company’s stock valued at $400,000 after acquiring an additional 602 shares in the last quarter.

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

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF stock traded up $0.16 during trading hours on Friday, reaching $60.99. The stock had a trading volume of 9,016 shares, compared to its average volume of 14,649. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 52 week low of $43.62 and a 52 week high of $61.16. The company has a fifty day simple moving average of $59.01 and a 200-day simple moving average of $56.86. The stock has a market cap of $226.88 million, a PE ratio of 19.69 and a beta of 0.89.

About PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

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.