PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Short Interest Up 90.2% in July

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) was the recipient of a significant growth in short interest in 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. Based on an average daily volume of 8,736 shares, the short-interest ratio is currently 8.2 days. Currently, 1.6% of the company’s shares are sold short.

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

MFUS opened at $65.20 on Friday. The firm’s fifty day moving average is $65.56 and its two-hundred day moving average is $62.13. The firm has a market cap of $294.70 million, a PE ratio of 19.69 and a beta of 0.84. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a twelve month low of $52.70 and a twelve month high of $67.34.

Institutional Trading of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

Several hedge funds have recently added to or reduced their stakes in the business. Austin Wealth Management LLC lifted its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 3.0% during the fourth quarter. Austin Wealth Management LLC now owns 604,125 shares of the company’s stock worth $34,912,000 after acquiring an additional 17,335 shares in the last quarter. Baker Ellis Asset Management LLC increased its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 0.7% in the fourth quarter. Baker Ellis Asset Management LLC now owns 228,295 shares of the company’s stock worth $12,924,000 after acquiring an additional 1,676 shares in the last quarter. Williams & Novak LLC increased its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 1.9% in the second quarter. Williams & Novak LLC now owns 149,114 shares of the company’s stock worth $10,016,000 after acquiring an additional 2,775 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of 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. Finally, Citadel Advisors LLC acquired a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the third quarter worth about $4,679,000.

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.