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

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DFAW. Strategic Investment Solutions Inc. IL lifted 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 buying an additional 43,689 shares during the period. Monograph Wealth Advisors LLC increased its stake in World Equity ETF by 10.7% during the 1st quarter. Monograph Wealth Advisors LLC now owns 26,536 shares of the company’s stock worth $1,958,000 after buying an additional 2,564 shares during the period. Mosaic Family Wealth Partners LLC raised its stake in World Equity ETF by 10.1% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 23,981 shares of the company’s stock worth $1,769,000 after acquiring an additional 2,208 shares in the last quarter. Chico Wealth RIA boosted its holdings in shares of World Equity ETF by 10.1% in the second quarter. Chico Wealth RIA now owns 12,663 shares of the company’s stock valued at $1,048,000 after acquiring an additional 1,166 shares in the last quarter. Finally, Nemes Rush Group LLC grew its stake in World Equity ETF by 3.5% in the 4th quarter. Nemes Rush Group LLC now owns 12,277 shares of the company’s stock valued at $908,000 after acquiring an additional 412 shares during the last quarter.

World Equity ETF Price Performance

Shares of World Equity ETF stock traded down $0.32 during trading on Wednesday, hitting $83.04. The stock had a trading volume of 51,974 shares, compared to its average volume of 86,441. The business has a fifty day moving average of $84.45 and a two-hundred day moving average of $81.54. The firm has a market cap of $1.66 billion, a P/E ratio of 19.16 and a beta of 0.89. World Equity ETF has a fifty-two week low of $69.71 and a fifty-two week high of $86.36.

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.