World Equity ETF (NYSEARCA:DFAW) Short Interest Up 113.7% in June

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

World Equity ETF Trading Down 0.3%

Shares of World Equity ETF stock traded down $0.25 during trading on Thursday, reaching $82.99. The stock had a trading volume of 44,070 shares, compared to its average volume of 87,578. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 19.16 and a beta of 0.89. The stock has a fifty day moving average price of $82.44 and a two-hundred day moving average price of $78.68. World Equity ETF has a 52 week low of $66.77 and a 52 week high of $84.49.

Institutional Investors Weigh In On World Equity ETF

Several institutional investors have recently bought and sold shares of DFAW. Farther Finance Advisors LLC boosted its holdings in World Equity ETF by 26,611.2% during the fourth quarter. Farther Finance Advisors LLC now owns 348,314 shares of the company’s stock worth $25,768,000 after purchasing an additional 347,010 shares during the last quarter. JPMorgan Chase & Co. raised its holdings 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 worth $5,482,000 after acquiring an additional 81,636 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its position in World Equity ETF by 18.3% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 282,555 shares of the company’s stock valued at $20,972,000 after purchasing an additional 43,689 shares during the last quarter. Monograph Wealth Advisors LLC boosted its position in World Equity ETF by 58.3% during the fourth quarter. Monograph Wealth Advisors LLC now owns 23,972 shares of the company’s stock valued at $1,773,000 after purchasing an additional 8,830 shares during the last quarter. Finally, Vestia Personal Wealth Advisors boosted its position in World Equity ETF by 25.8% during the fourth quarter. Vestia Personal Wealth Advisors now owns 26,873 shares of the company’s stock valued at $2,044,000 after purchasing an additional 5,506 shares during the last quarter.

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.