Short Interest in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Rises By 35.6%

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 23,442 shares, a growth of 35.6% from the January 15th total of 17,292 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 25,659 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 25,659 shares, the short-interest ratio is currently 0.9 days. Currently, 0.6% of the company’s shares are sold short.

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

Shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF stock traded up $0.45 on Monday, reaching $60.75. 6,152 shares of the company’s stock were exchanged, compared to its average volume of 16,295. The company has a market capitalization of $225.99 million, a P/E ratio of 19.69 and a beta of 0.89. 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 firm’s 50-day moving average is $58.33 and its two-hundred day moving average is $56.45.

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

Large investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. increased its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 101.8% during the fourth quarter. Geneos Wealth Management Inc. now owns 575 shares of the company’s stock valued at $33,000 after acquiring an additional 290 shares during the last quarter. Moloney Securities Asset Management LLC lifted its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 0.8% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 45,758 shares of the company’s stock worth $2,574,000 after purchasing an additional 383 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 8.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 7,973 shares of the company’s stock worth $400,000 after acquiring an additional 602 shares during the period. Mid American Wealth Advisory Group Inc. raised its stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 11.2% in the fourth quarter. Mid American Wealth Advisory Group Inc. now owns 13,294 shares of the company’s stock valued at $753,000 after purchasing an additional 1,338 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 21,816 shares of the company’s stock worth $1,235,000 after purchasing an additional 1,608 shares during the last quarter.

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.