Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) Sees Significant Increase in Short Interest

Dimensional World ex U.S. Core Equity 2 ETF (NYSEARCA:DFAX) was the target of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,246,248 shares, an increase of 106.7% from the February 26th total of 1,086,820 shares. Based on an average daily trading volume, of 1,044,148 shares, the short-interest ratio is currently 2.2 days. Approximately 0.7% of the company’s shares are short sold.

Dimensional World ex U.S. Core Equity 2 ETF Price Performance

Shares of DFAX stock traded down $0.18 during trading on Friday, hitting $33.00. 910,755 shares of the stock traded hands, compared to its average volume of 913,140. The firm has a market capitalization of $10.26 billion, a P/E ratio of 14.59 and a beta of 0.74. Dimensional World ex U.S. Core Equity 2 ETF has a 52-week low of $23.16 and a 52-week high of $37.13. The firm’s fifty day moving average price is $35.10 and its 200-day moving average price is $33.10.

Institutional Investors Weigh In On Dimensional World ex U.S. Core Equity 2 ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Demming Financial Services Corp ADV acquired a new position in Dimensional World ex U.S. Core Equity 2 ETF during the 4th quarter worth approximately $41,411,000. Corient Private Wealth LLC grew its holdings in Dimensional World ex U.S. Core Equity 2 ETF by 54.8% during the fourth quarter. Corient Private Wealth LLC now owns 609,522 shares of the company’s stock worth $19,950,000 after acquiring an additional 215,664 shares during the period. Flax Pond Capital LLC purchased a new position in Dimensional World ex U.S. Core Equity 2 ETF in the fourth quarter worth $2,198,000. Pure Financial Advisors LLC lifted its holdings in Dimensional World ex U.S. Core Equity 2 ETF by 1.7% in the fourth quarter. Pure Financial Advisors LLC now owns 370,091 shares of the company’s stock valued at $12,113,000 after acquiring an additional 6,084 shares during the period. Finally, Cogent Strategic Wealth LLC purchased a new stake in shares of Dimensional World ex U.S. Core Equity 2 ETF during the 4th quarter worth $2,844,000.

Dimensional World ex U.S. Core Equity 2 ETF Company Profile

The Dimensional World ex U.S. Core Equity 2 ETF (DFAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund actively invests in non-US companies around the globe, with a focus on small- cap stocks. DFAX was launched on Mar 6, 2008 and is managed by Dimensional.