PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Shares Shorted: Short Interest Up 116.0% in September

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 8,091 shares, an increase of 116.0% from the September 15th total of 3,746 shares. Based on an average daily volume of 12,777 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On PIMCO RAFI Dynamic Multi-Factor International Equity ETF

A hedge fund recently raised its position in PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock. Operose Advisors LLC raised its position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) by 353.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,708 shares of the company’s stock after acquiring an additional 25,495 shares during the quarter. Operose Advisors LLC owned approximately 0.30% of PIMCO RAFI Dynamic Multi-Factor International Equity ETF worth $1,362,000 as of its most recent SEC filing.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Price Performance

PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock traded down $0.26 during midday trading on Wednesday, reaching $41.02. The company had a trading volume of 12,064 shares, compared to its average volume of 20,385. The company has a market capitalization of $451.22 million, a P/E ratio of 14.93 and a beta of 0.69. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 12-month low of $36.33 and a 12-month high of $43.40. The firm’s fifty day simple moving average is $42.22 and its 200-day simple moving average is $41.75.

About PIMCO RAFI Dynamic Multi-Factor International Equity ETF

The PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an international, developed-market equity index that selects securities according to a combination of fundamental and technical factors. MFDX was launched on Aug 31, 2017 and is managed by PIMCO.