World Equity ETF (NYSEARCA:DFAW) Sees Large Increase in Short Interest

World Equity ETF (NYSEARCA:DFAWGet Free Report) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 103,063 shares, an increase of 113.7% from the June 15th total of 48,224 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 96,638 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On World Equity ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of DFAW. Farther Finance Advisors LLC boosted its holdings in World Equity ETF by 26,611.2% in the fourth quarter. Farther Finance Advisors LLC now owns 348,314 shares of the company’s stock worth $25,768,000 after acquiring an additional 347,010 shares in the last quarter. Strategic Investment Solutions Inc. IL increased its holdings in shares of World Equity ETF by 18.3% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 282,555 shares of the company’s stock valued at $20,972,000 after acquiring an additional 43,689 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of World Equity ETF by 39.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 114,030 shares of the company’s stock worth $8,194,000 after purchasing an additional 32,313 shares during the last quarter. Monograph Wealth Advisors LLC raised its position in shares of World Equity ETF by 58.3% in the 4th quarter. Monograph Wealth Advisors LLC now owns 23,972 shares of the company’s stock worth $1,773,000 after purchasing an additional 8,830 shares during the last quarter. Finally, Foster & Motley Inc. bought a new position in World Equity ETF in the 4th quarter worth about $261,000.

World Equity ETF Trading Up 0.3%

World Equity ETF stock traded up $0.28 on Wednesday, hitting $83.24. 128,628 shares of the stock traded hands, compared to its average volume of 87,905. World Equity ETF has a 1 year low of $66.77 and a 1 year high of $84.49. The firm has a market cap of $1.56 billion, a P/E ratio of 19.16 and a beta of 0.89. The business’s fifty day simple moving average is $82.37 and its 200 day simple moving average is $78.57.

World Equity ETF Company Profile

(Get Free Report)

The Dimensional World Equity ETF (DFAW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of funds that invests in a broad portfolio of stocks across all market capitalizations globally. The funds objective is to provide long-term capital appreciation DFAW was launched on Sep 26, 2023 and is issued by Dimensional.

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