PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) Short Interest Up 118.1% in January

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 25,396 shares, a growth of 118.1% from the January 15th total of 11,646 shares. Based on an average daily trading volume, of 18,405 shares, the short-interest ratio is presently 1.4 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 18,405 shares, the short-interest ratio is presently 1.4 days.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Price Performance

Shares of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF stock traded up $0.08 during trading hours on Friday, hitting $26.53. The company had a trading volume of 13,581 shares, compared to its average volume of 15,023. The company’s 50-day moving average is $24.29 and its two-hundred day moving average is $22.99. The company has a market cap of $130.53 million, a P/E ratio of 11.32 and a beta of 0.72. PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF has a twelve month low of $16.74 and a twelve month high of $26.88.

Institutional Investors Weigh In On PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

An institutional investor recently raised its position in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF stock. Flow Traders U.S. LLC boosted its position in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) by 560.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 138,842 shares of the company’s stock after purchasing an additional 117,804 shares during the period. Flow Traders U.S. LLC owned approximately 2.82% of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF worth $3,126,000 as of its most recent SEC filing.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Company Profile

The PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market companies that are selected and weighted by a combination of fundamental and technical factors. MFEM was launched on Aug 31, 2017 and is managed by PIMCO.