PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) Short Interest Up 27.3% in December

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 10,219 shares, an increase of 27.3% from the November 30th total of 8,026 shares. Based on an average daily volume of 6,859 shares, the short-interest ratio is presently 1.5 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 6,859 shares, the short-interest ratio is presently 1.5 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF stock. Flow Traders U.S. LLC lifted its position in shares of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) by 560.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,842 shares of the company’s stock after acquiring an additional 117,804 shares during the period. Flow Traders U.S. LLC owned approximately 2.82% of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF worth $3,126,000 as of its most recent filing with the Securities & Exchange Commission.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Stock Down 0.9%

Shares of MFEM traded down $0.20 during trading hours on Thursday, reaching $23.12. 16,272 shares of the company traded hands, compared to its average volume of 14,891. PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF has a 12 month low of $16.74 and a 12 month high of $23.35. The company’s fifty day moving average price is $22.86 and its two-hundred day moving average price is $22.13. The company has a market capitalization of $113.75 million, a price-to-earnings ratio of 11.32 and a beta of 0.72.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Company Profile

The PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market companies that are selected and weighted by a combination of fundamental and technical factors. MFEM was launched on Aug 31, 2017 and is managed by PIMCO.