World Equity ETF (NYSEARCA:DFAW) Short Interest Down 66.2% in August

World Equity ETF (NYSEARCA:DFAW) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 38,699 shares, a drop of 66.2% from the July 30th total of 114,640 shares. Based on an average daily volume of 88,341 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Trading of World Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DFAW. Strategic Investment Solutions Inc. IL grew its stake 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 worth $20,972,000 after acquiring an additional 43,689 shares during the period. JPMorgan Chase & Co. lifted its stake 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 worth $10,017,000 after purchasing an additional 21,367 shares during the period. Monograph Wealth Advisors LLC boosted its holdings in shares of World Equity ETF by 10.7% during the first quarter. Monograph Wealth Advisors LLC now owns 26,536 shares of the company’s stock worth $1,958,000 after purchasing an additional 2,564 shares during the last quarter. Mosaic Family Wealth Partners LLC boosted its holdings in shares of 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 worth $1,769,000 after purchasing an additional 2,208 shares during the last quarter. Finally, Cary Street Partners Financial LLC grew its position in shares of World Equity ETF by 10.7% in the fourth quarter. Cary Street Partners Financial LLC now owns 15,080 shares of the company’s stock valued at $1,116,000 after purchasing an additional 1,454 shares during the period.

World Equity ETF Trading Down 0.4%

Shares of NYSEARCA DFAW traded down $0.33 during midday trading on Friday, reaching $85.29. 59,953 shares of the stock were exchanged, compared to its average volume of 85,732. The company has a market capitalization of $1.63 billion, a P/E ratio of 19.16 and a beta of 0.89. World Equity ETF has a 52-week low of $69.27 and a 52-week high of $86.36. The stock has a 50 day moving average price of $83.65 and a 200-day moving average price of $80.42.

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.