World Equity ETF (NYSEARCA:DFAW) Stock Short Interest Climbs 69.8%

World Equity ETF (NYSEARCA:DFAW) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 126,934 shares, a growth of 69.8% from the September 15th total of 74,734 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 94,533 shares, the days-to-cover ratio is presently 1.3 days.

World Equity ETF Stock Performance

NYSEARCA:DFAW traded up $0.20 during trading hours on Thursday, reaching $83.56. The stock had a trading volume of 56,786 shares, compared to its average volume of 86,768. World Equity ETF has a 52 week low of $69.71 and a 52 week high of $86.36. The company has a 50 day moving average price of $84.60 and a two-hundred day moving average price of $82.30. The stock has a market capitalization of $1.69 billion, a PE ratio of 19.16 and a beta of 0.90.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC increased its position in World Equity ETF by 6.5% in the third quarter. Farther Finance Advisors LLC now owns 390,407 shares of the company’s stock worth $32,134,000 after purchasing an additional 23,863 shares during the last quarter. Strategic Investment Solutions Inc. IL raised its stake 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 in the last quarter. Monograph Wealth Advisors LLC lifted its position in World Equity ETF by 10.7% during the first quarter. Monograph Wealth Advisors LLC now owns 26,536 shares of the company’s stock valued at $1,958,000 after purchasing an additional 2,564 shares during the last quarter. Mosaic Family Wealth Partners LLC lifted its position in World Equity ETF by 10.1% during the first quarter. Mosaic Family Wealth Partners LLC now owns 23,981 shares of the company’s stock valued at $1,769,000 after purchasing an additional 2,208 shares during the last quarter. Finally, Chico Wealth RIA lifted its position in World Equity ETF by 10.1% during the second quarter. Chico Wealth RIA now owns 12,663 shares of the company’s stock valued at $1,048,000 after purchasing an additional 1,166 shares during 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.