PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Shares Shorted: Short Interest Up 148.8% in October

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 20,130 shares, an increase of 148.8% from the September 30th total of 8,091 shares. Based on an average daily trading volume, of 13,795 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.2% of the company’s shares are short sold.

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

An institutional investor recently bought a new position in PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock. Farmers & Merchants Investments Inc. acquired a new position in PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,000 shares of the company’s stock, valued at approximately $248,000. Farmers & Merchants Investments Inc. owned approximately 0.05% of PIMCO RAFI Dynamic Multi-Factor International Equity ETF at the end of the most recent reporting period.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Stock Down 0.8%

Shares of NYSEARCA MFDX traded down $0.34 during trading on Friday, reaching $41.00. The company had a trading volume of 1,766 shares, compared to its average volume of 19,906. The stock has a market cap of $451.04 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 business’s 50-day moving average is $41.89 and its 200 day moving average is $41.49.

About PIMCO RAFI Dynamic Multi-Factor International Equity ETF

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.