Short Interest in PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Grows By 201.1%

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,694 shares, an increase of 201.1% from the August 15th total of 1,227 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 12,377 shares, the days-to-cover ratio is presently 0.3 days.

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

NYSEARCA:MFDX traded up $0.32 on Friday, reaching $42.64. The company’s stock had a trading volume of 12,195 shares, compared to its average volume of 21,354. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 12-month low of $36.32 and a 12-month high of $43.40. The stock has a 50 day moving average price of $42.10 and a 200 day moving average price of $41.58. The firm has a market cap of $469.04 million, a price-to-earnings ratio of 14.93 and a beta of 0.68.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Operose Advisors LLC increased its position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 353.5% during the second quarter. Operose Advisors LLC now owns 32,708 shares of the company’s stock valued at $1,362,000 after acquiring an additional 25,495 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 23.0% in the 4th quarter. JPMorgan Chase & Co. now owns 132,503 shares of the company’s stock valued at $5,092,000 after acquiring an additional 24,753 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 1.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 78,759 shares of the company’s stock worth $3,026,000 after acquiring an additional 1,012 shares during the last quarter.

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.