PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Short Interest Update

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 3,746 shares, a decrease of 95.9% from the June 30th total of 91,391 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 16,963 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On PIMCO RAFI Dynamic Multi-Factor International Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 18.6% in the second quarter. JPMorgan Chase & Co. now owns 141,376 shares of the company’s stock worth $5,080,000 after purchasing an additional 22,184 shares in the last quarter. EQ Wealth Advisors LLC grew its position in PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 70.1% during the fourth quarter. EQ Wealth Advisors LLC now owns 9,445 shares of the company’s stock valued at $363,000 after purchasing an additional 3,892 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 1.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 78,759 shares of the company’s stock valued at $3,026,000 after purchasing an additional 1,012 shares in the last quarter.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Stock Up 0.2%

Shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock traded up $0.08 during midday trading on Friday, hitting $41.01. The company’s stock had a trading volume of 14,644 shares, compared to its average volume of 23,990. The firm has a market capitalization of $451.11 million, a P/E ratio of 14.93 and a beta of 0.68. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 1-year low of $34.90 and a 1-year high of $43.15. The stock has a 50-day simple moving average of $41.66 and a 200-day simple moving average of $41.18.

About PIMCO RAFI Dynamic Multi-Factor International Equity ETF

The PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an international, developed-market equity index that selects securities according to a combination of fundamental and technical factors. MFDX was launched on Aug 31, 2017 and is managed by PIMCO.