World Equity ETF (NYSEARCA:DFAW) Short Interest Down 41.5% in May

World Equity ETF (NYSEARCA:DFAW) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 69,405 shares, a decline of 41.5% from the April 30th total of 118,604 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 71,152 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DFAW. JPMorgan Chase & Co. boosted its stake in World Equity ETF by 100,785.2% in the second quarter. JPMorgan Chase & Co. now owns 81,717 shares of the company’s stock valued at $5,482,000 after acquiring an additional 81,636 shares during the last quarter. Monograph Wealth Advisors LLC lifted its stake in shares of World Equity ETF by 15.7% during the 2nd 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. Cary Street Partners Financial LLC lifted its stake in shares of World Equity ETF by 23.3% during the 3rd quarter. Cary Street Partners Financial LLC now owns 13,626 shares of the company’s stock valued at $979,000 after buying an additional 2,572 shares in the last quarter. Mosaic Family Wealth Partners LLC lifted its stake in shares of World Equity ETF by 5.5% during the 3rd quarter. Mosaic Family Wealth Partners LLC now owns 21,257 shares of the company’s stock valued at $1,523,000 after buying an additional 1,115 shares in the last quarter. Finally, Nemes Rush Group LLC lifted its stake in shares of World Equity ETF by 5.2% during the 3rd quarter. Nemes Rush Group LLC now owns 11,865 shares of the company’s stock valued at $853,000 after buying an additional 591 shares in the last quarter.

World Equity ETF Stock Down 0.0%

DFAW opened at $83.32 on Tuesday. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 19.16 and a beta of 0.90. World Equity ETF has a twelve month low of $64.09 and a twelve month high of $83.96. The company’s 50-day moving average price is $78.68 and its two-hundred day moving average price is $76.49.

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.