World Equity ETF (NYSEARCA:DFAW) Short Interest Update

World Equity ETF (NYSEARCA:DFAW) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 48,224 shares, a drop of 63.0% from the May 31st total of 130,496 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 70,253 shares, the short-interest ratio is currently 0.7 days.

World Equity ETF Stock Performance

Shares of DFAW opened at $82.23 on Friday. The company has a 50-day simple moving average of $81.59 and a 200-day simple moving average of $77.80. The firm has a market capitalization of $1.34 billion, a P/E ratio of 19.16 and a beta of 0.90. World Equity ETF has a 52 week low of $66.36 and a 52 week high of $84.49.

Hedge Funds Weigh In On World Equity ETF

Several large investors have recently added to or reduced their stakes in DFAW. Farther Finance Advisors LLC increased its position in shares of World Equity ETF by 26,611.2% during the fourth quarter. Farther Finance Advisors LLC now owns 348,314 shares of the company’s stock valued at $25,768,000 after purchasing an additional 347,010 shares during the period. Strategic Investment Solutions Inc. IL raised its stake in shares of World Equity ETF by 8.5% in the third quarter. Strategic Investment Solutions Inc. IL now owns 238,866 shares of the company’s stock valued at $17,165,000 after purchasing an additional 18,623 shares in the last quarter. JPMorgan Chase & Co. lifted its position in World Equity ETF by 39.5% in the third quarter. JPMorgan Chase & Co. now owns 114,030 shares of the company’s stock worth $8,194,000 after purchasing an additional 32,313 shares during the period. Monograph Wealth Advisors LLC lifted its position in World Equity ETF by 58.3% in the fourth quarter. Monograph Wealth Advisors LLC now owns 23,972 shares of the company’s stock worth $1,773,000 after purchasing an additional 8,830 shares during the period. Finally, Mosaic Family Wealth Partners LLC boosted its stake in World Equity ETF by 5.5% during the third quarter. Mosaic Family Wealth Partners LLC now owns 21,257 shares of the company’s stock worth $1,523,000 after buying an additional 1,115 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.