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

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) was the target of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 9,600 shares, a growth of 26.3% from the May 15th total of 7,600 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 11,400 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

A number of large investors have recently made changes to their positions in the company. Sunbelt Securities Inc. boosted its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 55.8% during the 4th quarter. Sunbelt Securities Inc. now owns 849 shares of the company’s stock valued at $42,000 after acquiring an additional 304 shares during the period. EQ Wealth Advisors LLC purchased a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF during the first quarter valued at $149,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the first quarter worth about $279,000. Integrated Wealth Concepts LLC increased its stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 55.2% in the 4th quarter. Integrated Wealth Concepts LLC now owns 7,371 shares of the company’s stock worth $366,000 after buying an additional 2,622 shares during the period. Finally, PKS Advisory Services LLC purchased a new position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 4th quarter worth about $790,000.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Up 0.1%

NYSEARCA MFUS opened at $51.91 on Friday. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 52 week low of $43.62 and a 52 week high of $52.94. The firm has a market capitalization of $177.53 million, a price-to-earnings ratio of 20.51 and a beta of 0.89. The company has a fifty day moving average of $50.34 and a two-hundred day moving average of $50.53.

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.