PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) Short Interest Down 19.9% in December

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 8,182 shares, a decline of 19.9% from the December 15th total of 10,219 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 8,190 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 8,190 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Trading of 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 grew its stake in shares of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (NYSEARCA:MFEM) by 560.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 138,842 shares of the company’s stock after purchasing an additional 117,804 shares during the period. Flow Traders U.S. LLC owned approximately 2.82% of PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF worth $3,126,000 as of its most recent filing with the Securities and Exchange Commission.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Trading Down 0.6%

NYSEARCA MFEM traded down $0.14 during trading hours on Monday, hitting $24.46. 8,625 shares of the company’s stock were exchanged, compared to its average volume of 10,775. The firm has a market cap of $120.34 million, a price-to-earnings ratio of 11.32 and a beta of 0.72. The stock has a 50-day simple moving average of $23.14 and a 200 day simple moving average of $22.40. PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF has a 1-year low of $16.74 and a 1-year high of $24.74.

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF Company Profile

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.