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

World Equity ETF (NYSEARCA:DFAW) was the recipient 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 company’s stock are short sold. Based on an average trading volume of 94,533 shares, the short-interest ratio is currently 1.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Root Financial Partners LLC increased its holdings in World Equity ETF by 2.6% during the 1st quarter. Root Financial Partners LLC now owns 6,423 shares of the company’s stock worth $474,000 after purchasing an additional 162 shares during the last quarter. Foster & Motley Inc. increased its stake in shares of World Equity ETF by 4.8% in the first quarter. Foster & Motley Inc. now owns 3,700 shares of the company’s stock worth $273,000 after buying an additional 170 shares during the last quarter. McIlrath & Eck LLC increased its stake in shares of World Equity ETF by 103.0% in the first quarter. McIlrath & Eck LLC now owns 1,770 shares of the company’s stock worth $131,000 after buying an additional 898 shares during the last quarter. Chico Wealth RIA raised its holdings in World Equity ETF by 10.1% in the second quarter. Chico Wealth RIA now owns 12,663 shares of the company’s stock valued at $1,048,000 after acquiring an additional 1,166 shares in the last quarter. Finally, Markowski Investments acquired a new stake in World Equity ETF in the second quarter valued at $144,000.

World Equity ETF Price Performance

NYSEARCA DFAW traded down $0.64 on Friday, reaching $83.19. The company had a trading volume of 203,216 shares, compared to its average volume of 87,505. World Equity ETF has a 1 year low of $69.71 and a 1 year high of $86.36. The firm has a 50-day moving average of $84.53 and a 200-day moving average of $82.39. The firm has a market capitalization of $1.68 billion, a PE ratio of 19.16 and a beta of 0.90.

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.