Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 36,618 shares, a growth of 145.0% from the August 31st total of 14,945 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily volume of 12,237 shares, the short-interest ratio is presently 3.0 days.
Pimco Rafi Esg U.S. Etf Stock Up 0.7%
NYSEARCA RAFE traded up $0.37 on Friday, reaching $50.01. 10,266 shares of the stock traded hands, compared to its average volume of 13,598. Pimco Rafi Esg U.S. Etf has a 12 month low of $39.76 and a 12 month high of $50.84. The company has a market cap of $170.03 million, a price-to-earnings ratio of 17.96 and a beta of 0.87. The firm’s fifty day simple moving average is $49.67 and its 200 day simple moving average is $46.73.
Institutional Trading of Pimco Rafi Esg U.S. Etf
Institutional investors have recently modified their holdings of the company. Sankala Group LLC bought a new position in Pimco Rafi Esg U.S. Etf during the fourth quarter valued at about $105,000. Ascentis Independent Advisors bought a new stake in Pimco Rafi Esg U.S. Etf in the first quarter worth about $114,000. Royal Bank of Canada acquired a new stake in Pimco Rafi Esg U.S. Etf in the 1st quarter valued at about $153,000. AdvisorNet Financial Inc lifted its holdings in Pimco Rafi Esg U.S. Etf by 28.1% in the 1st quarter. AdvisorNet Financial Inc now owns 3,835 shares of the company’s stock valued at $160,000 after acquiring an additional 841 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of Pimco Rafi Esg U.S. Etf during the 1st quarter valued at about $267,000.
Pimco Rafi Esg U.S. Etf Company Profile
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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