World Equity ETF (NYSEARCA:DFAW) Sees Large Growth in Short Interest

World Equity ETF (NYSEARCA:DFAW) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 24,740 shares, a growth of 117.0% from the November 30th total of 11,401 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 61,120 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 61,120 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are short sold.

World Equity ETF Trading Up 0.1%

Shares of DFAW opened at $74.78 on Friday. World Equity ETF has a 12 month low of $53.31 and a 12 month high of $75.11. The firm’s 50 day moving average is $72.99 and its 200-day moving average is $70.55. The stock has a market capitalization of $949.71 million, a PE ratio of 19.16 and a beta of 0.94.

Hedge Funds Weigh In On World Equity ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. LRI Investments LLC acquired a new position in World Equity ETF in the 2nd quarter valued at $28,000. Cloud Capital Management LLC bought a new position in shares of World Equity ETF in the third quarter worth $54,000. Curio Wealth LLC increased its position in shares of World Equity ETF by 44,133.3% in the second quarter. Curio Wealth LLC now owns 1,327 shares of the company’s stock worth $89,000 after purchasing an additional 1,324 shares during the period. BIP Wealth LLC acquired a new position in World Equity ETF in the third quarter valued at about $610,000. Finally, Cary Street Partners Financial LLC lifted its position in World Equity ETF by 48.4% during the second quarter. Cary Street Partners Financial LLC now owns 11,054 shares of the company’s stock worth $741,000 after purchasing an additional 3,607 shares during the period.

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.