Short Interest in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Rises By 42.7%

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 17,292 shares, a growth of 42.7% from the December 31st total of 12,116 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 9,125 shares, the days-to-cover ratio is presently 1.9 days. Based on an average trading volume of 9,125 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Geneos Wealth Management Inc. increased its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 101.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 575 shares of the company’s stock worth $33,000 after buying an additional 290 shares during the period. Steward Partners Investment Advisory LLC bought a new position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the 2nd quarter worth approximately $99,000. EQ Wealth Advisors LLC increased its stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 7.6% in the 2nd quarter. EQ Wealth Advisors LLC now owns 3,188 shares of the company’s stock worth $170,000 after purchasing an additional 226 shares during the period. Integrated Wealth Concepts LLC increased its stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 8.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 7,973 shares of the company’s stock worth $400,000 after purchasing an additional 602 shares during the period. Finally, Walkner Condon Financial Advisors LLC bought a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the third quarter valued at approximately $525,000.

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

Shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF stock opened at $58.97 on Friday. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 52-week low of $43.62 and a 52-week high of $59.16. The company has a fifty day moving average of $57.45 and a 200-day moving average of $55.92. The stock has a market capitalization of $219.37 million, a price-to-earnings 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.