PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Short Interest Up 102.2% in August

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 63,294 shares, an increase of 102.2% from the August 15th total of 31,307 shares. Based on an average daily volume of 17,027 shares, the short-interest ratio is presently 3.7 days. Currently, 1.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of MFUS. First Growth Capital LLC boosted its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 1.3% during the 1st quarter. First Growth Capital LLC now owns 19,214 shares of the company’s stock valued at $1,125,000 after acquiring an additional 252 shares during the period. Janney Montgomery Scott LLC raised its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 2.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 25,790 shares of the company’s stock valued at $1,506,000 after buying an additional 519 shares during the last quarter. Walkner Condon Financial Advisors LLC boosted its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 18.9% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 14,306 shares of the company’s stock valued at $836,000 after buying an additional 2,273 shares during the period. Mid American Wealth Advisory Group Inc. boosted its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 17.4% during the 2nd quarter. Mid American Wealth Advisory Group Inc. now owns 15,609 shares of the company’s stock valued at $1,048,000 after buying an additional 2,315 shares during the period. Finally, Williams & Novak LLC grew its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 1.9% in the 2nd 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 last quarter.

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

NYSEARCA:MFUS traded down $0.20 during trading hours on Tuesday, reaching $65.33. The company’s stock had a trading volume of 10,440 shares, compared to its average volume of 13,830. The firm has a market capitalization of $295.29 million, a price-to-earnings ratio of 19.69 and a beta of 0.84. The firm has a 50-day simple moving average of $66.05 and a 200-day simple moving average of $63.66. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 1 year low of $54.14 and a 1 year high of $67.74.

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.