World Equity ETF (NYSEARCA:DFAW) Short Interest Update

World Equity ETF (NYSEARCA:DFAW) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 66,789 shares, a decline of 24.6% from the March 15th total of 88,533 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 77,026 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On World Equity ETF

Hedge funds have recently modified their holdings of the business. Cloud Capital Management LLC acquired a new position in shares of World Equity ETF during the third quarter worth $54,000. LRI Investments LLC raised its stake in World Equity ETF by 435.9% during the third quarter. LRI Investments LLC now owns 2,240 shares of the company’s stock worth $161,000 after buying an additional 1,822 shares during the last quarter. Frankly Finances LLC bought a new position in World Equity ETF during the fourth quarter worth $168,000. Coston McIsaac & Partners raised its stake in World Equity ETF by 11.2% during the fourth quarter. Coston McIsaac & Partners now owns 2,997 shares of the company’s stock worth $221,000 after buying an additional 302 shares during the last quarter. Finally, Foster & Motley Inc. bought a new position in World Equity ETF during the fourth quarter worth $261,000.

World Equity ETF Stock Performance

Shares of NYSEARCA:DFAW traded up $0.07 during mid-day trading on Wednesday, reaching $78.61. 66,425 shares of the company’s stock were exchanged, compared to its average volume of 82,854. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 19.16 and a beta of 0.93. The business’s fifty day moving average price is $76.10 and its 200-day moving average price is $74.51. World Equity ETF has a twelve month low of $56.79 and a twelve month high of $79.13.

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.