Short Interest in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) Decreases By 66.4%

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEMGet Free Report) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 12,219 shares, a decline of 66.4% from the February 26th total of 36,415 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 22,578 shares, the days-to-cover ratio is currently 0.5 days.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Trading Down 2.9%

Shares of NYSEARCA:MFEM traded down $0.73 during trading on Thursday, reaching $24.43. The stock had a trading volume of 28,832 shares, compared to its average volume of 20,540. PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF has a one year low of $16.74 and a one year high of $27.93. The company has a market capitalization of $120.20 million, a P/E ratio of 11.32 and a beta of 0.72. The firm’s 50-day simple moving average is $25.83 and its 200 day simple moving average is $23.87.

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 raised its holdings in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEMFree Report) by 560.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 138,842 shares of the company’s stock after buying an additional 117,804 shares during the quarter. Flow Traders U.S. LLC owned about 2.82% of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF worth $3,126,000 at the end of the most recent reporting period.

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

(Get Free Report)

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.

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