Short Interest in World Equity ETF (NYSEARCA:DFAW) Rises By 230.2%

World Equity ETF (NYSEARCA:DFAW) saw a large growth in short interest in 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 stock are short sold. Based on an average trading volume of 73,148 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in shares of World Equity ETF by 100,785.2% during the 2nd 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 in the last quarter. Monograph Wealth Advisors LLC grew its stake in shares of World Equity ETF by 15.7% in the second quarter. Monograph Wealth Advisors LLC now owns 14,579 shares of the company’s stock valued at $978,000 after buying an additional 1,975 shares in the last quarter. Catawba River Capital acquired a new position in World Equity ETF during the fourth quarter worth $261,000. EverSource Wealth Advisors LLC raised its position in World Equity ETF by 4.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 8,497 shares of the company’s stock worth $629,000 after acquiring an additional 328 shares in the last quarter. Finally, Cary Street Partners Financial LLC raised its position in World Equity ETF by 10.7% during the fourth quarter. Cary Street Partners Financial LLC now owns 15,080 shares of the company’s stock worth $1,116,000 after acquiring an additional 1,454 shares in the last quarter.

World Equity ETF Stock Down 0.4%

Shares of DFAW stock traded down $0.36 during trading on Monday, reaching $84.28. The company’s stock had a trading volume of 49,062 shares, compared to its average volume of 86,267. The business has a fifty day moving average price of $84.19 and a 200-day moving average price of $80.96. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 19.16 and a beta of 0.89. World Equity ETF has a one year low of $69.71 and a one year high of $86.36.

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.