World Equity ETF (NYSEARCA:DFAW) Short Interest Up 43.2% in March

World Equity ETF (NYSEARCA:DFAW) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 88,533 shares, an increase of 43.2% from the February 26th total of 61,834 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 84,456 shares, the days-to-cover ratio is currently 1.0 days.

World Equity ETF Trading Down 1.2%

Shares of DFAW stock traded down $0.90 during trading on Friday, reaching $71.97. 70,647 shares of the company’s stock traded hands, compared to its average volume of 81,404. The firm’s 50-day moving average is $76.40 and its 200 day moving average is $74.17. The company has a market capitalization of $1.04 billion, a P/E ratio of 19.16 and a beta of 0.94. World Equity ETF has a 1 year low of $53.31 and a 1 year high of $79.13.

Institutional Investors Weigh In On World Equity ETF

Several large investors have recently added to or reduced their stakes in 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 purchasing an additional 43,689 shares during the last quarter. Mosaic Family Wealth Partners LLC increased its holdings in shares of World Equity ETF by 2.4% in the 4th quarter. Mosaic Family Wealth Partners LLC now owns 21,773 shares of the company’s stock worth $1,611,000 after buying an additional 516 shares during the last quarter. Monograph Wealth Advisors LLC increased its holdings in shares of 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. JPMorgan Chase & Co. raised its position in shares of World Equity ETF by 18.7% during the 4th quarter. JPMorgan Chase & Co. now owns 135,397 shares of the company’s stock valued at $10,017,000 after buying an additional 21,367 shares in the last quarter. Finally, Nemes Rush Group LLC raised its position in shares of 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 buying an additional 412 shares in the last quarter.

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.