Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) Short Interest Update

Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 7,427 shares, a drop of 34.9% from the May 31st total of 11,412 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,202 shares, the short-interest ratio is presently 0.9 days.

Pimco Rafi Esg U.S. Etf Stock Down 0.3%

NYSEARCA RAFE opened at $47.73 on Thursday. Pimco Rafi Esg U.S. Etf has a fifty-two week low of $37.40 and a fifty-two week high of $48.16. The business has a fifty day moving average of $46.26 and a 200-day moving average of $43.91. The stock has a market cap of $159.90 million, a price-to-earnings ratio of 17.96 and a beta of 0.87.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in RAFE. Savant Capital LLC acquired a new stake in shares of Pimco Rafi Esg U.S. Etf during the 4th quarter worth about $8,320,000. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Pimco Rafi Esg U.S. Etf in the fourth quarter valued at approximately $4,207,000. Cetera Investment Advisers purchased a new position in shares of Pimco Rafi Esg U.S. Etf during the fourth quarter valued at approximately $2,785,000. Goldman Sachs Group Inc. acquired a new stake in Pimco Rafi Esg U.S. Etf during the first quarter worth approximately $769,000. Finally, Dynamic Advisor Solutions LLC purchased a new stake in Pimco Rafi Esg U.S. Etf in the 4th quarter worth approximately $882,000.

Pimco Rafi Esg U.S. Etf Company Profile

The PIMCO RAFI ESG U.S. ETF (RAFE) is an exchange-traded fund that is based on the RAFI ESG US index. The fund tracks an index of US companies that are selected and weighted by a combination of fundamental and ESG criteria. RAFE was launched on Dec 18, 2019 and is managed by PIMCO.