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

World Equity ETF (NYSEARCA:DFAW) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 35,221 shares, a growth of 42.4% from the December 15th total of 24,740 shares. Based on an average daily trading volume, of 88,356 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 88,356 shares, the days-to-cover ratio is presently 0.4 days.

World Equity ETF Price Performance

DFAW stock traded down $0.06 during trading hours on Friday, reaching $76.29. 102,409 shares of the stock were exchanged, compared to its average volume of 98,483. The firm’s 50-day moving average is $73.85 and its 200-day moving average is $71.58. World Equity ETF has a 12 month low of $53.31 and a 12 month high of $76.63. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 19.16 and a beta of 0.94.

Hedge Funds Weigh In On World Equity ETF

A number of large investors have recently bought and sold shares of DFAW. Curio Wealth LLC lifted its position in shares of World Equity ETF by 44,133.3% in the second quarter. Curio Wealth LLC now owns 1,327 shares of the company’s stock worth $89,000 after purchasing an additional 1,324 shares in the last quarter. Nemes Rush Group LLC boosted its stake in shares of World Equity ETF by 44.7% during the 2nd quarter. Nemes Rush Group LLC now owns 11,274 shares of the company’s stock worth $756,000 after buying an additional 3,482 shares during the last quarter. Vestia Personal Wealth Advisors increased its position 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 during the last quarter. Mosaic Family Wealth Partners LLC raised its holdings in World Equity ETF by 9.2% during the second quarter. Mosaic Family Wealth Partners LLC now owns 20,142 shares of the company’s stock worth $1,351,000 after acquiring an additional 1,705 shares in the last quarter. Finally, LRI Investments LLC bought a new stake in World Equity ETF during the second quarter worth about $28,000.

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.