Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 36,618 shares, an increase of 145.0% from the August 31st total of 14,945 shares. Currently, 1.1% of the company’s stock are sold short. Based on an average trading volume of 12,237 shares, the short-interest ratio is presently 3.0 days.
Institutional Trading of Pimco Rafi Esg U.S. Etf
Several hedge funds have recently made changes to their positions in RAFE. Sankala Group LLC bought a new position in Pimco Rafi Esg U.S. Etf in the 4th quarter worth about $105,000. Ascentis Independent Advisors bought a new stake in shares of Pimco Rafi Esg U.S. Etf during the first quarter valued at about $114,000. Royal Bank of Canada acquired a new stake in Pimco Rafi Esg U.S. Etf in the first quarter worth about $153,000. AdvisorNet Financial Inc lifted its holdings in Pimco Rafi Esg U.S. Etf by 28.1% in the first quarter. AdvisorNet Financial Inc now owns 3,835 shares of the company’s stock worth $160,000 after purchasing an additional 841 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in Pimco Rafi Esg U.S. Etf in the 1st quarter valued at about $267,000.
Pimco Rafi Esg U.S. Etf Trading Up 0.7%
Pimco Rafi Esg U.S. Etf stock traded up $0.37 during midday trading on Friday, hitting $50.01. The stock had a trading volume of 10,266 shares, compared to its average volume of 13,598. The business has a fifty day moving average price of $49.67 and a 200 day moving average price of $46.73. Pimco Rafi Esg U.S. Etf has a 12 month low of $39.76 and a 12 month high of $50.84. The stock has a market cap of $170.03 million, a P/E ratio of 17.96 and a beta of 0.87.
About Pimco Rafi Esg U.S. Etf
The PIMCO RAFI ESG U.S. ETF (RAFE) is an exchange-traded fund that is based on the RAFI ESG US index. The fund tracks an index of US companies that are selected and weighted by a combination of fundamental and ESG criteria. RAFE was launched on Dec 18, 2019 and is managed by PIMCO.
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