World Equity ETF (NYSEARCA:DFAW) Short Interest Up 43.2% in March

World Equity ETF (NYSEARCA:DFAW) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 88,533 shares, a growth of 43.2% from the February 26th total of 61,834 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 84,456 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of World Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its position in World Equity ETF by 100,785.2% during the second quarter. JPMorgan Chase & Co. now owns 81,717 shares of the company’s stock valued at $5,482,000 after purchasing an additional 81,636 shares during the period. Cary Street Partners Financial LLC grew its position in World Equity ETF by 48.4% in the 2nd quarter. Cary Street Partners Financial LLC now owns 11,054 shares of the company’s stock worth $741,000 after purchasing an additional 3,607 shares during the period. Monograph Wealth Advisors LLC raised its stake in World Equity ETF by 15.7% during the 2nd quarter. Monograph Wealth Advisors LLC now owns 14,579 shares of the company’s stock valued at $978,000 after buying an additional 1,975 shares during the last quarter. Vestia Personal Wealth Advisors raised its stake in World Equity ETF by 16.1% during the 3rd quarter. Vestia Personal Wealth Advisors now owns 21,367 shares of the company’s stock valued at $1,535,000 after buying an additional 2,969 shares during the last quarter. Finally, BIP Wealth LLC bought a new position in shares of World Equity ETF during the 3rd quarter valued at $610,000.

World Equity ETF Trading Down 1.2%

Shares of DFAW stock traded down $0.90 during trading hours on Friday, reaching $71.97. The company’s stock had a trading volume of 70,647 shares, compared to its average volume of 81,404. World Equity ETF has a one year low of $53.31 and a one year high of $79.13. The stock has a market capitalization of $1.04 billion, a P/E ratio of 19.16 and a beta of 0.94. The firm’s fifty day simple moving average is $76.40 and its 200 day simple moving average is $74.17.

About World Equity ETF

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.