PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) Short Interest Up 35.6% in January

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (NYSEARCA:MFUS) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 23,442 shares, a growth of 35.6% from the January 15th total of 17,292 shares. Based on an average trading volume of 25,659 shares, the short-interest ratio is presently 0.9 days. Currently, 0.6% of the shares of the company are sold short. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 25,659 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. raised its position in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF by 101.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 575 shares of the company’s stock worth $33,000 after purchasing an additional 290 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new stake in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 2nd quarter valued at approximately $99,000. EQ Wealth Advisors LLC acquired a new position in shares of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 4th quarter worth approximately $181,000. Integrated Wealth Concepts LLC lifted its position 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 buying an additional 602 shares during the period. Finally, Walkner Condon Financial Advisors LLC acquired a new stake in PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF in the 3rd quarter valued at $525,000.

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF Stock Up 0.7%

Shares of MFUS stock traded up $0.45 during mid-day trading on Friday, reaching $60.75. The stock had a trading volume of 6,152 shares, compared to its average volume of 16,295. PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF has a one year low of $43.62 and a one year high of $61.16. The firm has a market cap of $225.99 million, a PE ratio of 19.69 and a beta of 0.89. The firm’s 50 day simple moving average is $58.24 and its 200 day simple moving average is $56.38.

About PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

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.