PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) Short Interest Down 51.8% in July

PIMCO RAFI Dynamic Multi-Factor International Equity ETF (NYSEARCA:MFDX) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,805 shares, a decrease of 51.8% from the July 15th total of 3,746 shares. Based on an average daily volume of 24,056 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Trading of PIMCO RAFI Dynamic Multi-Factor International Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its holdings in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 18.6% in the second quarter. JPMorgan Chase & Co. now owns 141,376 shares of the company’s stock worth $5,080,000 after buying an additional 22,184 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 1.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 78,759 shares of the company’s stock worth $3,026,000 after purchasing an additional 1,012 shares in the last quarter. Finally, EQ Wealth Advisors LLC grew its stake in PIMCO RAFI Dynamic Multi-Factor International Equity ETF by 70.1% in the 4th quarter. EQ Wealth Advisors LLC now owns 9,445 shares of the company’s stock worth $363,000 after buying an additional 3,892 shares in the last quarter.

PIMCO RAFI Dynamic Multi-Factor International Equity ETF Stock Up 0.1%

PIMCO RAFI Dynamic Multi-Factor International Equity ETF stock traded up $0.04 during midday trading on Friday, reaching $42.89. The stock had a trading volume of 7,145 shares, compared to its average volume of 22,686. The firm has a market capitalization of $471.79 million, a PE ratio of 14.93 and a beta of 0.68. PIMCO RAFI Dynamic Multi-Factor International Equity ETF has a 12 month low of $36.06 and a 12 month high of $43.15. The firm’s 50-day moving average price is $41.71 and its 200 day moving average price is $41.44.

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.