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

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) was the target of a significant 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. Based on an average daily trading volume, of 5,625 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 5,625 shares, the days-to-cover ratio is currently 2.2 days.

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

NYSEARCA MFUS traded down $0.13 on Friday, hitting $58.70. 4,067 shares of the stock were exchanged, compared to its average volume of 8,624. The company has a market capitalization of $218.36 million, a PE ratio of 19.69 and a beta of 0.89. The business’s fifty day moving average is $56.78 and its 200 day moving average is $55.56. 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.

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

Hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 66.8% during the third quarter. JPMorgan Chase & Co. now owns 88,463 shares of the company’s stock worth $4,976,000 after purchasing an additional 35,443 shares during the period. Caerus Investment Advisors LLC acquired a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the third quarter valued at approximately $538,000. Marshall Investment Management LLC boosted its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 3,528.6% during the 3rd quarter. Marshall Investment Management LLC now owns 158,569 shares of the company’s stock worth $8,920,000 after acquiring an additional 154,199 shares during the period. Citadel Advisors LLC acquired a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the 3rd quarter worth approximately $4,679,000. Finally, Entrewealth LLC increased its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 11.9% during the 3rd quarter. Entrewealth LLC now owns 127,597 shares of the company’s stock worth $7,177,000 after acquiring an additional 13,537 shares during 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.