Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) Short Interest Update

Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 7,427 shares, a decrease of 34.9% from the May 31st total of 11,412 shares. Based on an average daily volume of 8,202 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Mason & Associates Inc grew its holdings in Pimco Rafi Esg U.S. Etf by 1.8% during the 1st quarter. Mason & Associates Inc now owns 20,138 shares of the company’s stock worth $820,000 after acquiring an additional 358 shares during the last quarter. NewEdge Advisors LLC increased its position in Pimco Rafi Esg U.S. Etf by 0.9% in the 4th quarter. NewEdge Advisors LLC now owns 49,497 shares of the company’s stock valued at $2,078,000 after acquiring an additional 439 shares during the period. Bank of America Corp DE raised its stake in shares of Pimco Rafi Esg U.S. Etf by 3.9% during the third quarter. Bank of America Corp DE now owns 11,920 shares of the company’s stock valued at $485,000 after acquiring an additional 450 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Pimco Rafi Esg U.S. Etf by 0.9% during the first quarter. Cetera Investment Advisers now owns 66,960 shares of the company’s stock valued at $2,786,000 after acquiring an additional 624 shares during the last quarter. Finally, Flagship Harbor Advisors LLC raised its stake in shares of Pimco Rafi Esg U.S. Etf by 5.5% during the fourth quarter. Flagship Harbor Advisors LLC now owns 13,384 shares of the company’s stock valued at $562,000 after acquiring an additional 700 shares during the last quarter.

Pimco Rafi Esg U.S. Etf Stock Performance

Shares of RAFE stock opened at $48.04 on Friday. The business’s 50-day moving average price is $46.42 and its 200-day moving average price is $43.98. Pimco Rafi Esg U.S. Etf has a 12 month low of $37.40 and a 12 month high of $48.16. The firm has a market capitalization of $160.93 million, a price-to-earnings ratio of 17.96 and a beta of 0.87.

Pimco Rafi Esg U.S. Etf Company Profile

The PIMCO RAFI ESG U.S. ETF (RAFE) is an exchange-traded fund that is based on the RAFI ESG US index. The fund tracks an index of US companies that are selected and weighted by a combination of fundamental and ESG criteria. RAFE was launched on Dec 18, 2019 and is managed by PIMCO.