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 large growth in short interest during the month of 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 presently 8.2 days. Approximately 1.6% of the shares of the stock are sold short.

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

Shares of NYSEARCA:MFUS opened at $64.56 on Thursday. The business’s fifty day moving average price is $65.51 and its two-hundred day moving average price is $62.06. The stock has a market cap of $291.81 million, a PE ratio of 19.69 and a beta of 0.84. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a one year low of $52.70 and a one year high of $67.34.

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

A number of large investors have recently made changes to their positions in the stock. Citadel Advisors LLC acquired a new position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 3rd quarter valued at about $4,679,000. JPMorgan Chase & Co. boosted its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 66.8% during the 3rd 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 last quarter. Goldman Sachs Group Inc. boosted its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 58.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 80,189 shares of the company’s stock worth $4,540,000 after purchasing an additional 29,529 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 382,816.7% during the first quarter. Royal Bank of Canada now owns 22,975 shares of the company’s stock worth $1,154,000 after buying an additional 22,969 shares in the last quarter. Finally, First Growth Capital LLC purchased a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the fourth quarter worth about $1,157,000.

About PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

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.