PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 8,558 shares, a decrease of 67.3% from the September 15th total of 26,163 shares. Based on an average trading volume of 9,522 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the shares of the company are short sold.
Institutional Trading of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF
Hedge funds have recently added to or reduced their stakes in the business. Williams & Novak Wealth Management LLC boosted its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 13.0% in the third quarter. Williams & Novak Wealth Management LLC now owns 168,519 shares of the company’s stock valued at $10,922,000 after acquiring an additional 19,405 shares during the period. SFG Wealth Management LLC. acquired a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the second quarter worth $1,710,000. Operose Advisors LLC bought a new position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the second quarter worth $1,015,000. Mid American Wealth Advisory Group Inc. increased its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 17.4% during the second quarter. Mid American Wealth Advisory Group Inc. now owns 15,609 shares of the company’s stock worth $1,048,000 after acquiring an additional 2,315 shares during the period. Finally, Williams & Novak LLC increased its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 1.9% during 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 during the period.
PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Performance
Shares of NYSEARCA:MFUS traded down $0.02 during midday trading on Monday, hitting $65.51. The company’s stock had a trading volume of 8,039 shares, compared to its average volume of 13,473. The stock’s 50 day simple moving average is $66.06 and its 200 day simple moving average is $64.46. The stock has a market capitalization of $302.66 million, a price-to-earnings ratio of 19.69 and a beta of 0.85. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a fifty-two week low of $54.14 and a fifty-two week high of $67.74.
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.
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