Short Interest in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Expands By 90.2%

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 71,315 shares, a growth of 90.2% from the June 30th total of 37,504 shares. Based on an average daily volume of 8,736 shares, the short-interest ratio is currently 8.2 days. Currently, 1.6% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MFUS. First Growth Capital LLC raised its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 1.3% in the 1st quarter. First Growth Capital LLC now owns 19,214 shares of the company’s stock valued at $1,125,000 after buying an additional 252 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 101.8% during the 4th quarter. Geneos Wealth Management Inc. now owns 575 shares of the company’s stock worth $33,000 after acquiring an additional 290 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 2.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 25,790 shares of the company’s stock worth $1,506,000 after acquiring an additional 519 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 8.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 7,973 shares of the company’s stock worth $400,000 after acquiring an additional 602 shares in the last quarter. Finally, Mid American Wealth Advisory Group Inc. grew its stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 11.2% during the 4th quarter. Mid American Wealth Advisory Group Inc. now owns 13,294 shares of the company’s stock worth $753,000 after acquiring an additional 1,338 shares in the last quarter.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Price Performance

MFUS traded up $0.01 during mid-day trading on Friday, hitting $65.20. The stock had a trading volume of 4,703 shares, compared to its average volume of 13,764. The stock’s fifty day simple moving average is $65.54 and its 200-day simple moving average is $62.11. The firm has a market capitalization of $294.70 million, a price-to-earnings ratio of 19.69 and a beta of 0.84. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a 1-year low of $52.70 and a 1-year high of $67.34.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Company Profile

The PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) is an exchange-traded fund that is based on the RAFI Dynamic Multi-Factor U.S. index. The fund tracks an index of US companies that are selected and weighted by a combination of fundamental and technical factors. MFUS was launched on Aug 31, 2017 and is managed by PIMCO.