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

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

Institutional Trading of World Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. raised its stake in shares of World Equity ETF by 100,785.2% in the second quarter. JPMorgan Chase & Co. now owns 81,717 shares of the company’s stock worth $5,482,000 after purchasing an additional 81,636 shares during the last quarter. Monograph Wealth Advisors LLC increased its holdings in World Equity ETF by 15.7% in the 2nd quarter. Monograph Wealth Advisors LLC now owns 14,579 shares of the company’s stock worth $978,000 after buying an additional 1,975 shares in the last quarter. Strategic Investment Solutions Inc. IL raised its position in World Equity ETF by 8.5% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 238,866 shares of the company’s stock worth $17,165,000 after buying an additional 18,623 shares during the last quarter. Foster & Motley Inc. bought a new position in World Equity ETF during the 4th quarter valued at about $261,000. Finally, Farther Finance Advisors LLC boosted its holdings 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 acquiring an additional 347,010 shares during the last quarter.

World Equity ETF Stock Performance

Shares of DFAW traded up $0.28 on Wednesday, hitting $83.24. 128,628 shares of the stock traded hands, compared to its average volume of 87,905. The company has a market capitalization of $1.56 billion, a PE ratio of 19.16 and a beta of 0.89. The business has a 50 day simple moving average of $82.37 and a 200 day simple moving average of $78.57. World Equity ETF has a one year low of $66.77 and a one year 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.