PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Sees Significant Increase in Short Interest

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 8,091 shares, a growth of 116.0% from the September 15th total of 3,746 shares. Based on an average daily volume of 12,777 shares, the short-interest ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are short sold.

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

A hedge fund recently raised its position in PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock. Operose Advisors LLC lifted its position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX – Free Report) by 353.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,708 shares of the company’s stock after purchasing an additional 25,495 shares during the period. Operose Advisors LLC owned 0.30% of PIMCO RAFI Dynamic Multi-Factor International Equity ETF worth $1,362,000 as of its most recent filing with the Securities and Exchange Commission.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Stock Up 0.2%

Shares of NYSEARCA MFDX traded up $0.07 during midday trading on Tuesday, hitting $41.15. 1,297 shares of the company’s stock were exchanged, compared to its average volume of 20,389. The firm has a market capitalization of $452.62 million, a PE ratio of 14.93 and a beta of 0.69. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 12 month low of $36.33 and a 12 month high of $43.40. The company’s 50 day moving average price is $42.27 and its 200 day moving average price is $41.73.

About PIMCO RAFI Dynamic Multi-Factor International Equity ETF

(Get Free Report)

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.

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