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

World Equity ETF (NYSEARCA:DFAW) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 130,496 shares, an increase of 88.0% from the May 14th total of 69,405 shares. Based on an average daily volume of 82,537 shares, the short-interest ratio is presently 1.6 days. Approximately 0.8% of the company’s shares are sold short.

World Equity ETF Trading Down 0.4%

DFAW stock traded down $0.35 during mid-day trading on Tuesday, reaching $83.46. The company’s stock had a trading volume of 51,188 shares, compared to its average volume of 79,062. World Equity ETF has a 12 month low of $64.74 and a 12 month high of $84.49. The business’s 50 day moving average price is $80.51 and its 200 day moving average price is $77.24. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 19.16 and a beta of 0.90.

Institutional Trading of World Equity ETF

Hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake 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 worth $5,482,000 after acquiring an additional 81,636 shares in the last quarter. Monograph Wealth Advisors LLC increased its stake in World Equity ETF by 15.7% in the second quarter. Monograph Wealth Advisors LLC now owns 14,579 shares of the company’s stock valued at $978,000 after purchasing an additional 1,975 shares in the last quarter. Cary Street Partners Financial LLC raised its holdings in shares of World Equity ETF by 23.3% during the third quarter. Cary Street Partners Financial LLC now owns 13,626 shares of the company’s stock valued at $979,000 after purchasing an additional 2,572 shares during the period. Mosaic Family Wealth Partners LLC boosted its position in shares of World Equity ETF by 5.5% during the 3rd quarter. Mosaic Family Wealth Partners LLC now owns 21,257 shares of the company’s stock worth $1,523,000 after purchasing an additional 1,115 shares in the last quarter. Finally, Nemes Rush Group LLC boosted its position in shares of World Equity ETF by 5.2% during the 3rd quarter. Nemes Rush Group LLC now owns 11,865 shares of the company’s stock worth $853,000 after purchasing an additional 591 shares in the last quarter.

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.