Short Interest in Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) Expands By 365.4%

Pimco Rafi Esg U.S. Etf (NYSEARCA:RAFE) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 11,412 shares, an increase of 365.4% from the May 14th total of 2,452 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 9,886 shares, the short-interest ratio is currently 1.2 days.

Institutional Investors Weigh In On Pimco Rafi Esg U.S. Etf

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Sellwood Investment Partners LLC raised its position in Pimco Rafi Esg U.S. Etf by 1.9% during the 1st quarter. Sellwood Investment Partners LLC now owns 499,411 shares of the company’s stock valued at $20,782,000 after purchasing an additional 9,276 shares in the last quarter. Savant Capital LLC bought a new position in shares of Pimco Rafi Esg U.S. Etf in the 4th quarter worth $8,320,000. Commonwealth Equity Services LLC lifted its stake in shares of Pimco Rafi Esg U.S. Etf by 10.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 119,740 shares of the company’s stock worth $5,028,000 after purchasing an additional 10,881 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Pimco Rafi Esg U.S. Etf during the 4th quarter worth $4,207,000. Finally, GenWealth Group Inc. boosted its position in Pimco Rafi Esg U.S. Etf by 2.9% during the third quarter. GenWealth Group Inc. now owns 85,926 shares of the company’s stock valued at $3,497,000 after purchasing an additional 2,409 shares in the last quarter.

Pimco Rafi Esg U.S. Etf Stock Up 0.9%

Shares of NYSEARCA RAFE opened at $47.60 on Friday. The business has a fifty day simple moving average of $45.00 and a two-hundred day simple moving average of $43.36. The firm has a market cap of $149.94 million, a PE ratio of 17.96 and a beta of 0.87. Pimco Rafi Esg U.S. Etf has a twelve month low of $36.72 and a twelve month high of $47.80.

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.