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 recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,694 shares, an increase of 201.1% from the August 15th total of 1,227 shares. Based on an average daily volume of 12,377 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

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

An institutional investor recently raised its stake in PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock. Operose Advisors LLC boosted its stake in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) by 353.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,708 shares of the company’s stock after acquiring an additional 25,495 shares during the quarter. Operose Advisors LLC owned about 0.30% of PIMCO RAFI Dynamic Multi-Factor International Equity ETF worth $1,362,000 as of its most recent filing with the Securities and Exchange Commission.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Stock Performance

PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock traded down $0.34 during midday trading on Monday, hitting $42.30. 9,539 shares of the company’s stock were exchanged, compared to its average volume of 21,286. The stock has a market cap of $465.30 million, a price-to-earnings ratio of 14.93 and a beta of 0.68. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 12-month low of $36.32 and a 12-month high of $43.40. The firm’s 50 day simple moving average is $42.10 and its 200 day simple moving average is $41.58.

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.