Short Interest in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) Expands By 42.3%

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 11,646 shares, an increase of 42.3% from the December 31st total of 8,182 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 11,037 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 11,037 shares, the short-interest ratio is currently 1.1 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of 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 grew its position in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) by 52.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,038 shares of the company’s stock after purchasing an additional 7,234 shares during the period. Flow Traders U.S. LLC owned approximately 0.45% of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF worth $445,000 at the end of the most recent quarter.

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

Shares of MFEM opened at $25.34 on Friday. The company’s fifty day moving average price is $23.65 and its 200-day moving average price is $22.68. PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF has a 1-year low of $16.74 and a 1-year high of $26.34. The firm has a market capitalization of $124.67 million, a PE ratio of 11.32 and a beta of 0.72.

About PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

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.