Short Interest in PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Increases By 114.3%

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 67,778 shares, a growth of 114.3% from the April 15th total of 31,630 shares. Based on an average daily volume of 24,203 shares, the short-interest ratio is currently 2.8 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Trading of PIMCO RAFI Dynamic Multi-Factor International Equity ETF

A number of large investors have recently added to or reduced their stakes in MFDX. Janney Montgomery Scott LLC boosted its position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 1.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 78,759 shares of the company’s stock valued at $3,026,000 after acquiring an additional 1,012 shares during the last quarter. EQ Wealth Advisors LLC grew its holdings in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 70.1% in the fourth quarter. EQ Wealth Advisors LLC now owns 9,445 shares of the company’s stock valued at $363,000 after purchasing an additional 3,892 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 18.6% in the second quarter. JPMorgan Chase & Co. now owns 141,376 shares of the company’s stock worth $5,080,000 after purchasing an additional 22,184 shares during the last quarter.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Trading Down 1.9%

Shares of MFDX stock opened at $41.42 on Friday. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 12-month low of $34.07 and a 12-month high of $43.15. The stock’s 50-day moving average price is $40.78 and its 200-day moving average price is $39.83. The stock has a market capitalization of $439.05 million, a price-to-earnings ratio of 14.93 and a beta of 0.68.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Company Profile

The PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an international, developed-market equity index that selects securities according to a combination of fundamental and technical factors. MFDX was launched on Aug 31, 2017 and is managed by PIMCO.