PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) Short Interest Up 27.3% in December

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEMGet Free Report) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 10,219 shares, an increase of 27.3% from the November 30th total of 8,026 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 6,859 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 6,859 shares, the short-interest ratio is currently 1.5 days. Approximately 0.2% of the company’s shares are sold short.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Stock Down 0.9%

Shares of NYSEARCA MFEM opened at $23.12 on Friday. The stock has a market capitalization of $113.75 million, a PE ratio of 11.32 and a beta of 0.72. The firm has a fifty day moving average of $22.87 and a 200-day moving average of $22.13. PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF has a 52-week low of $16.74 and a 52-week high of $23.35.

Hedge Funds Weigh In On PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

A hedge fund recently raised its stake in PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF stock. Flow Traders U.S. LLC increased its holdings in shares of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEMFree Report) by 52.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,038 shares of the company’s stock after purchasing an additional 7,234 shares during the quarter. Flow Traders U.S. LLC owned 0.45% of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF worth $445,000 as of its most recent filing with the SEC.

About PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

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The PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging-market companies that are selected and weighted by a combination of fundamental and technical factors. MFEM was launched on Aug 31, 2017 and is managed by PIMCO.

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