PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Sees Large Increase in Short Interest

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 30,061 shares, an increase of 163.9% from the December 31st total of 11,391 shares. Based on an average daily volume of 33,277 shares, the short-interest ratio is presently 0.9 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 33,277 shares, the short-interest ratio is presently 0.9 days.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Stock Up 0.7%

PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock traded up $0.27 during midday trading on Thursday, reaching $41.04. The stock had a trading volume of 9,265 shares, compared to its average volume of 31,498. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 52-week low of $28.52 and a 52-week high of $41.25. The company has a fifty day moving average of $38.81 and a 200 day moving average of $37.42. The firm has a market cap of $435.02 million, a price-to-earnings ratio of 14.93 and a beta of 0.73.

Hedge Funds Weigh In On PIMCO RAFI Dynamic Multi-Factor International Equity ETF

A number of large investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC bought a new stake in PIMCO RAFI Dynamic Multi-Factor International Equity ETF during the 2nd quarter valued at about $2,398,000. JPMorgan Chase & Co. lifted its position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 18.6% during the second quarter. JPMorgan Chase & Co. now owns 141,376 shares of the company’s stock valued at $5,080,000 after buying an additional 22,184 shares during the last quarter. Private Trust Co. NA purchased a new stake in PIMCO RAFI Dynamic Multi-Factor International Equity ETF during the second quarter valued at approximately $31,000. Finally, Moloney Securities Asset Management LLC lifted its holdings in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 4.6% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 15,569 shares of the company’s stock valued at $559,000 after purchasing an additional 685 shares during the last quarter.

About PIMCO RAFI Dynamic Multi-Factor International Equity ETF

The PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an international, developed-market equity index that selects securities according to a combination of fundamental and technical factors. MFDX was launched on Aug 31, 2017 and is managed by PIMCO.