PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Short Interest Down 33.6% in December

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totaling 12,116 shares, a drop of 33.6% from the December 15th total of 18,258 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 5,625 shares, the days-to-cover ratio is currently 2.2 days. Based on an average daily volume of 5,625 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.3% of the company’s shares are short sold.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in MFUS. Steward Partners Investment Advisory LLC acquired a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the 2nd quarter valued at $99,000. EQ Wealth Advisors LLC grew its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 7.6% during the second quarter. EQ Wealth Advisors LLC now owns 3,188 shares of the company’s stock valued at $170,000 after buying an additional 226 shares in the last quarter. Integrated Wealth Concepts LLC grew 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 buying an additional 602 shares in the last quarter. Walkner Condon Financial Advisors LLC acquired a new position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the third quarter valued at $525,000. Finally, Caerus Investment Advisors LLC purchased a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 3rd quarter worth about $538,000.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Trading Down 0.2%

MFUS stock traded down $0.13 during mid-day trading on Friday, reaching $58.70. 4,067 shares of the stock traded hands, compared to its average volume of 8,624. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 52-week low of $43.62 and a 52-week high of $58.94. The stock’s fifty day moving average is $56.78 and its 200-day moving average is $55.59. The company has a market cap of $218.36 million, a P/E ratio of 19.69 and a beta of 0.89.

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.