PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) Short Interest Update

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEMGet Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 14,989 shares, a growth of 109.7% from the May 31st total of 7,147 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 30,053 shares, the short-interest ratio is presently 0.5 days.

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

An institutional investor recently bought a new position in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF stock. Bogart Wealth LLC acquired a new stake in shares of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEMFree Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,000 shares of the company’s stock, valued at approximately $25,000.

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

Shares of NYSEARCA MFEM opened at $27.47 on Thursday. The company has a market cap of $146.14 million, a P/E ratio of 11.32 and a beta of 0.77. PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF has a 1 year low of $20.21 and a 1 year high of $30.60. The firm has a 50-day simple moving average of $28.52 and a two-hundred day simple moving average of $26.36.

About PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

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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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