World Equity ETF (NYSEARCA:DFAW) Short Interest Update

World Equity ETF (NYSEARCA:DFAW) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 103,063 shares, a growth of 113.7% from the June 15th total of 48,224 shares. Based on an average trading volume of 96,638 shares, the short-interest ratio is currently 1.1 days. Approximately 0.6% of the company’s stock are short sold.

Institutional Trading of World Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. McIlrath & Eck LLC boosted its holdings in shares of World Equity ETF by 103.0% in the 1st quarter. McIlrath & Eck LLC now owns 1,770 shares of the company’s stock valued at $131,000 after buying an additional 898 shares in the last quarter. Frankly Finances LLC acquired a new stake in World Equity ETF during the 4th quarter worth $168,000. LRI Investments LLC raised its stake in World Equity ETF by 9.9% during the 4th quarter. LRI Investments LLC now owns 2,462 shares of the company’s stock worth $182,000 after acquiring an additional 222 shares in the last quarter. USAdvisors Wealth Management LLC purchased a new stake in World Equity ETF in the first quarter valued at $200,000. Finally, Tradewinds LLC. purchased a new stake in World Equity ETF in the first quarter valued at $205,000.

World Equity ETF Stock Down 0.3%

DFAW stock opened at $82.99 on Friday. The business has a 50 day moving average price of $82.44 and a 200 day moving average price of $78.68. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of 19.16 and a beta of 0.89. World Equity ETF has a fifty-two week low of $66.77 and a fifty-two week high of $84.49.

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.