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

World Equity ETF (NYSEARCA:DFAW) was the target of a significant 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. Based on an average trading volume of 94,533 shares, the short-interest ratio is currently 1.3 days. Currently, 0.6% of the shares of the stock are short sold.

World Equity ETF Price Performance

Shares of NYSEARCA:DFAW traded up $0.20 during trading on Thursday, hitting $83.56. 56,786 shares of the company’s stock were exchanged, 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 business’s 50-day simple moving average is $84.60 and its 200 day simple moving average is $82.30. The company has a market cap of $1.69 billion, a price-to-earnings ratio of 19.16 and a beta of 0.90.

Institutional Investors Weigh In On World Equity ETF

Institutional investors have recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL increased its holdings in World Equity ETF by 18.3% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 282,555 shares of the company’s stock valued at $20,972,000 after acquiring an additional 43,689 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of World Equity ETF by 6.5% during the third quarter. Farther Finance Advisors LLC now owns 390,407 shares of the company’s stock valued at $32,134,000 after purchasing an additional 23,863 shares in the last quarter. Chico Wealth RIA grew its position in shares of 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 in the last quarter. Red Lighthouse Investment Management LLC purchased a new position in shares of World Equity ETF during the second quarter valued at about $207,000. Finally, Markowski Investments bought a new stake in shares of World Equity ETF in the second quarter worth about $144,000.

World Equity ETF Company Profile

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.