PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) Short Interest Down 38.4% in April

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 8,028 shares, a decrease of 38.4% from the April 15th total of 13,025 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 12,566 shares, the short-interest ratio is currently 0.6 days.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Trading Down 0.7%

Shares of NYSEARCA MFEM traded down $0.21 during mid-day trading on Monday, reaching $27.95. The company had a trading volume of 11,650 shares, compared to its average volume of 18,009. The business’s 50-day moving average is $26.46 and its 200-day moving average is $25.01. The stock has a market cap of $148.69 million, a price-to-earnings ratio of 11.32 and a beta of 0.75. PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF has a 52 week low of $19.81 and a 52 week high of $29.28.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF stock. Bogart Wealth LLC purchased a new position in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,000 shares of the company’s stock, valued at approximately $25,000.

About PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

The PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market companies that are selected and weighted by a combination of fundamental and technical factors. MFEM was launched on Aug 31, 2017 and is managed by PIMCO.