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

World Equity ETF (NYSEARCA:DFAW) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 24,740 shares, a growth of 117.0% from the November 30th total of 11,401 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 61,120 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 61,120 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On World Equity ETF

Large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in World Equity ETF by 100,785.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 81,717 shares of the company’s stock valued at $5,482,000 after buying an additional 81,636 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its position in shares of World Equity ETF by 8.5% in the third quarter. Strategic Investment Solutions Inc. IL now owns 238,866 shares of the company’s stock valued at $17,165,000 after acquiring an additional 18,623 shares during the period. BIP Wealth LLC acquired a new position in shares of World Equity ETF in the third quarter valued at about $610,000. Vestia Personal Wealth Advisors grew its stake in shares of World Equity ETF by 55.7% in the second quarter. Vestia Personal Wealth Advisors now owns 18,398 shares of the company’s stock valued at $1,234,000 after acquiring an additional 6,582 shares in the last quarter. Finally, Cary Street Partners Financial LLC increased its position in World Equity ETF by 48.4% during the second quarter. Cary Street Partners Financial LLC now owns 11,054 shares of the company’s stock worth $741,000 after acquiring an additional 3,607 shares during the period.

World Equity ETF Stock Performance

Shares of DFAW opened at $74.78 on Friday. The firm has a market cap of $949.71 million, a P/E ratio of 19.16 and a beta of 0.94. World Equity ETF has a 52 week low of $53.31 and a 52 week high of $75.11. The firm’s 50-day simple moving average is $72.99 and its 200 day simple moving average is $70.55.

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.