PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Short Interest Up 42.7% in January

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 17,292 shares, an increase of 42.7% from the December 31st total of 12,116 shares. Based on an average daily trading volume, of 9,125 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.5% of the company’s shares are short sold. Currently, 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 9,125 shares, the days-to-cover ratio is currently 1.9 days.

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

A number of large investors have recently bought and sold shares of MFUS. Austin Wealth Management LLC increased its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 3.0% in the fourth quarter. Austin Wealth Management LLC now owns 604,125 shares of the company’s stock worth $34,912,000 after purchasing an additional 17,335 shares during the period. Baker Ellis Asset Management LLC grew its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 0.7% in the 4th quarter. Baker Ellis Asset Management LLC now owns 228,295 shares of the company’s stock valued at $12,924,000 after buying an additional 1,676 shares during the last quarter. Marshall Investment Management LLC grew its holdings in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 3,528.6% in the 3rd quarter. Marshall Investment Management LLC now owns 158,569 shares of the company’s stock valued at $8,920,000 after buying an additional 154,199 shares during the last quarter. Williams & Novak LLC increased its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 1.7% in the 2nd quarter. Williams & Novak LLC now owns 146,331 shares of the company’s stock worth $7,821,000 after buying an additional 2,487 shares during the period. Finally, Entrewealth LLC increased its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 11.9% in the 3rd quarter. Entrewealth LLC now owns 127,597 shares of the company’s stock worth $7,177,000 after buying an additional 13,537 shares during the period.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Trading Up 1.0%

Shares of NYSEARCA MFUS opened at $59.57 on Tuesday. The firm has a market capitalization of $221.60 million, a PE ratio of 19.69 and a beta of 0.89. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a one year low of $43.62 and a one year high of $59.64. The business has a 50-day moving average price of $57.54 and a two-hundred day moving average price of $55.98.

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.