PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Sees Large Decrease in Short Interest

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) was the recipient of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 52,116 shares, a decline of 35.9% from the February 12th total of 81,271 shares. Based on an average trading volume of 9,215 shares, the short-interest ratio is presently 5.7 days. Currently, 1.4% of the shares of the company are sold short. Currently, 1.4% of the shares of the company are sold short. Based on an average trading volume of 9,215 shares, the short-interest ratio is presently 5.7 days.

Institutional Investors Weigh In On PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 382,816.7% in the 1st quarter. Royal Bank of Canada now owns 22,975 shares of the company’s stock valued at $1,154,000 after buying an additional 22,969 shares during the period. Integrated Wealth Concepts LLC boosted its position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 8.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 7,973 shares of the company’s stock valued at $400,000 after acquiring an additional 602 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 30.0% in the first quarter. Goldman Sachs Group Inc. now owns 54,234 shares of the company’s stock valued at $2,724,000 after acquiring an additional 12,517 shares during the period. Cetera Investment Advisers raised its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 27.3% in the second quarter. Cetera Investment Advisers now owns 28,545 shares of the company’s stock worth $1,526,000 after purchasing an additional 6,119 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the second quarter worth about $99,000.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Down 0.2%

Shares of MFUS stock traded down $0.12 during mid-day trading on Friday, reaching $58.44. The stock had a trading volume of 12,336 shares, compared to its average volume of 13,440. The firm’s 50 day simple moving average is $59.49 and its 200 day simple moving average is $57.24. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a one year low of $43.62 and a one year high of $61.16. The firm has a market cap of $217.40 million, a PE ratio of 19.69 and a beta of 0.89.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Company Profile

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.