World Equity ETF (NYSEARCA:DFAW) Short Interest Update

World Equity ETF (NYSEARCA:DFAW) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 74,734 shares, a decline of 41.5% from the August 31st total of 127,768 shares. Based on an average daily volume of 98,366 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Trading of World Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Strategic Investment Solutions Inc. IL lifted its holdings in 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 valued at $20,972,000 after buying an additional 43,689 shares during the period. Monograph Wealth Advisors LLC lifted its position in World Equity ETF by 58.3% in the 4th quarter. Monograph Wealth Advisors LLC now owns 23,972 shares of the company’s stock worth $1,773,000 after buying an additional 8,830 shares during the last quarter. Nemes Rush Group LLC raised its position in World Equity ETF by 3.5% during the 4th quarter. Nemes Rush Group LLC now owns 12,277 shares of the company’s stock valued at $908,000 after purchasing an additional 412 shares during the last quarter. Chico Wealth RIA lifted its holdings in shares of World Equity ETF by 19.8% during the fourth quarter. Chico Wealth RIA now owns 4,303 shares of the company’s stock valued at $318,000 after purchasing an additional 710 shares during the last quarter. Finally, Markowski Investments bought a new position in World Equity ETF during the second quarter valued at approximately $144,000.

World Equity ETF Trading Down 0.4%

World Equity ETF stock traded down $0.32 during mid-day trading on Wednesday, hitting $83.04. The company’s stock had a trading volume of 51,974 shares, compared to its average volume of 86,441. World Equity ETF has a 1 year low of $69.71 and a 1 year high of $86.36. The stock’s fifty day moving average is $84.45 and its two-hundred day moving average is $81.54. The firm has a market capitalization of $1.66 billion, a PE ratio of 19.16 and a beta of 0.89.

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.