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

World Equity ETF (NYSEARCA:DFAW) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 127,768 shares, a growth of 230.2% from the August 15th total of 38,699 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 73,148 shares, the short-interest ratio is currently 1.7 days.

Institutional Investors Weigh In On World Equity ETF

Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of 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 acquiring an additional 81,636 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its stake in shares of World Equity ETF by 18.3% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 282,555 shares of the company’s stock worth $20,972,000 after purchasing an additional 43,689 shares during the last quarter. Monograph Wealth Advisors LLC grew its stake in shares of World Equity ETF by 58.3% in the fourth quarter. Monograph Wealth Advisors LLC now owns 23,972 shares of the company’s stock worth $1,773,000 after purchasing an additional 8,830 shares during the last quarter. Catawba River Capital purchased a new position in World Equity ETF during the 4th quarter valued at about $261,000. Finally, C M Bidwell & Associates Ltd. purchased a new position in World Equity ETF during the 2nd quarter valued at about $246,000.

World Equity ETF Trading Up 0.9%

Shares of NYSEARCA:DFAW traded up $0.73 during trading on Friday, reaching $84.64. 78,334 shares of the company traded hands, compared to its average volume of 86,486. World Equity ETF has a 52-week low of $69.71 and a 52-week high of $86.36. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 19.16 and a beta of 0.89. The business’s fifty day moving average is $84.19 and its 200-day moving average is $80.94.

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.