PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Short Interest Up 163.9% in January

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 30,061 shares, a growth of 163.9% from the December 31st total of 11,391 shares. Based on an average trading volume of 33,277 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 33,277 shares, the short-interest ratio is presently 0.9 days.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Price Performance

NYSEARCA:MFDX traded down $0.50 on Friday, reaching $40.54. 20,514 shares of the company’s stock were exchanged, compared to its average volume of 30,946. The stock has a fifty day simple moving average of $38.88 and a 200-day simple moving average of $37.45. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 52 week low of $28.52 and a 52 week high of $41.25. The firm has a market cap of $429.72 million, a price-to-earnings ratio of 14.93 and a beta of 0.73.

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

Several hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC purchased a new stake in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF during the second quarter valued at approximately $2,398,000. Private Trust Co. NA purchased a new position in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF in the 2nd quarter worth $31,000. Moloney Securities Asset Management LLC grew its stake in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 4.6% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 15,569 shares of the company’s stock valued at $559,000 after purchasing an additional 685 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 18.6% during the second quarter. JPMorgan Chase & Co. now owns 141,376 shares of the company’s stock valued at $5,080,000 after buying an additional 22,184 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.