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

World Equity ETF (NYSEARCA:DFAW) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 62,688 shares, an increase of 78.0% from the December 31st total of 35,221 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 98,130 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 98,130 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.4% of the shares of the stock are sold short.

Hedge Funds Weigh In On World Equity ETF

A number of large investors have recently modified their holdings of DFAW. Farther Finance Advisors LLC boosted its stake in shares of World Equity ETF by 26,611.2% during the 4th quarter. Farther Finance Advisors LLC now owns 348,314 shares of the company’s stock valued at $25,768,000 after purchasing an additional 347,010 shares in the last quarter. 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 buying an additional 81,636 shares during the period. Strategic Investment Solutions Inc. IL boosted its holdings in shares of World Equity ETF by 8.5% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 238,866 shares of the company’s stock valued at $17,165,000 after buying an additional 18,623 shares in the last quarter. BIP Wealth LLC purchased a new stake in shares of World Equity ETF in the 3rd quarter worth about $610,000. Finally, Vestia Personal Wealth Advisors increased its stake in shares of World Equity ETF by 25.8% in the 4th quarter. Vestia Personal Wealth Advisors now owns 26,873 shares of the company’s stock worth $2,044,000 after acquiring an additional 5,506 shares in the last quarter.

World Equity ETF Stock Down 1.0%

NYSEARCA:DFAW traded down $0.76 during midday trading on Friday, hitting $76.54. The company had a trading volume of 52,339 shares, compared to its average volume of 88,127. The company has a market capitalization of $1.09 billion, a PE 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 $77.69. The stock’s fifty day moving average price is $74.79 and its 200-day moving average price is $72.16.

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.