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 significant growth in short interest in 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 trading volume of 14,234 shares, the days-to-cover ratio is currently 5.7 days. Approximately 2.2% of the company’s stock are short sold. Approximately 2.2% of the company’s stock are short sold. Based on an average trading volume of 14,234 shares, the days-to-cover ratio is currently 5.7 days.

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

MFUS stock traded up $0.16 during trading on Friday, hitting $60.99. 9,016 shares of the stock traded hands, compared to its average volume of 14,649. The stock has a market cap of $226.88 million, a price-to-earnings ratio of 19.69 and a beta of 0.89. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 1 year low of $43.62 and a 1 year high of $61.16. The firm’s 50 day moving average is $59.01 and its two-hundred day moving average is $56.86.

Institutional Investors Weigh In On PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in MFUS. Geneos Wealth Management Inc. lifted its position 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 valued at $33,000 after acquiring 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 in the 2nd quarter worth $99,000. Royal Bank of Canada raised its stake 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 purchasing an additional 2,508 shares during 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 valued at $181,000. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of 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 purchasing an additional 602 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.