Short Interest in World Equity ETF (NYSEARCA:DFAW) Drops By 41.8%

World Equity ETF (NYSEARCA:DFAW) was the target of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 61,015 shares, a decrease of 41.8% from the January 29th total of 104,756 shares. Based on an average daily trading volume, of 76,296 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.4% of the company’s stock are short sold. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 76,296 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On World Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in DFAW. Farther Finance Advisors LLC lifted its position in World Equity ETF by 26,611.2% during the fourth quarter. Farther Finance Advisors LLC now owns 348,314 shares of the company’s stock worth $25,768,000 after buying an additional 347,010 shares in the last quarter. Strategic Investment Solutions Inc. IL increased its stake in shares of World Equity ETF by 18.3% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 282,555 shares of the company’s stock worth $20,972,000 after acquiring an additional 43,689 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of World Equity ETF by 18.7% during the 4th quarter. JPMorgan Chase & Co. now owns 135,397 shares of the company’s stock worth $10,017,000 after acquiring an additional 21,367 shares during the period. Vestia Personal Wealth Advisors boosted its position in shares of World Equity ETF by 25.8% during the 4th quarter. Vestia Personal Wealth Advisors now owns 26,873 shares of the company’s stock valued at $2,044,000 after acquiring an additional 5,506 shares during the last quarter. Finally, Monograph Wealth Advisors LLC boosted its position in shares of World Equity ETF by 58.3% during the 4th quarter. Monograph Wealth Advisors LLC now owns 23,972 shares of the company’s stock valued at $1,773,000 after acquiring an additional 8,830 shares during the last quarter.

World Equity ETF Stock Down 0.1%

Shares of DFAW stock traded down $0.07 on Friday, hitting $78.63. The stock had a trading volume of 130,783 shares, compared to its average volume of 82,164. World Equity ETF has a one year low of $53.31 and a one year high of $79.13. The company has a market cap of $1.13 billion, a PE ratio of 19.16 and a beta of 0.94. The business has a 50 day moving average price of $76.54 and a 200 day moving average price of $73.49.

World Equity ETF Company Profile

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.