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) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 12,116 shares, a decline of 33.6% from the December 15th total of 18,258 shares. 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 shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily 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

MFUS stock traded down $0.13 during midday trading on Friday, reaching $58.70. The company had a trading volume of 4,067 shares, compared to its average volume of 8,624. The firm has a 50-day moving average price of $56.78 and a 200-day moving average price of $55.57. The company has a market capitalization 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 has a 1 year low of $43.62 and a 1 year high of $58.94.

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

A number of large investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 27.3% in the 2nd quarter. Cetera Investment Advisers now owns 28,545 shares of the company’s stock worth $1,526,000 after buying an additional 6,119 shares during the last quarter. Financial Consulate Inc. raised its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 52.7% during the third quarter. Financial Consulate Inc. now owns 97,035 shares of the company’s stock worth $5,458,000 after acquiring an additional 33,498 shares in the last quarter. Austin Wealth Management LLC lifted its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 2.4% in the 2nd quarter. Austin Wealth Management LLC now owns 580,913 shares of the company’s stock worth $30,875,000 after acquiring an additional 13,769 shares during the last quarter. EQ Wealth Advisors LLC lifted its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 7.6% in the 2nd quarter. EQ Wealth Advisors LLC now owns 3,188 shares of the company’s stock worth $170,000 after acquiring an additional 226 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. boosted its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 73.0% in the 2nd quarter. Mid American Wealth Advisory Group Inc. now owns 9,610 shares of the company’s stock valued at $514,000 after purchasing an additional 4,055 shares in 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.