PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS – Get Free Report) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 71,315 shares, a growth of 90.2% from the June 30th total of 37,504 shares. Approximately 1.6% of the company’s shares are sold short. Based on an average trading volume of 8,736 shares, the short-interest ratio is currently 8.2 days.
PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Down 1.5%
Shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF stock opened at $64.56 on Thursday. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a fifty-two week low of $52.70 and a fifty-two week high of $67.34. The firm has a market cap of $291.81 million, a PE ratio of 19.69 and a beta of 0.84. The business’s fifty day moving average is $65.51 and its two-hundred day moving average is $62.06.
Hedge Funds Weigh In On PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF
Several institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 382,816.7% during the first quarter. Royal Bank of Canada now owns 22,975 shares of the company’s stock worth $1,154,000 after buying an additional 22,969 shares during the period. Integrated Wealth Concepts LLC grew its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 8.2% in the 1st 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 during the period. Goldman Sachs Group Inc. grew its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 30.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 54,234 shares of the company’s stock valued at $2,724,000 after buying an additional 12,517 shares during the period. JPMorgan Chase & Co. increased its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 66.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 88,463 shares of the company’s stock valued at $4,976,000 after acquiring an additional 35,443 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the 3rd quarter valued at about $4,679,000.
About PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF
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.
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