World Equity ETF (NYSEARCA:DFAW) Short Interest Up 230.2% in August

by · The Cerbat Gem

World Equity ETF (NYSEARCA:DFAW – Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 127,768 shares, an increase of 230.2% from the August 15th total of 38,699 shares. Based on an average trading volume of 73,148 shares, the short-interest ratio is currently 1.7 days. Approximately 0.7% of the company’s shares are short sold.

Institutional Trading of World Equity ETF

Institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings in shares of World Equity ETF by 100,785.2% in the second quarter. JPMorgan Chase & Co. now owns 81,717 shares of the company’s stock worth $5,482,000 after purchasing an additional 81,636 shares during the last quarter. Monograph Wealth Advisors LLC increased its stake in shares of World Equity ETF by 15.7% in the second quarter. Monograph Wealth Advisors LLC now owns 14,579 shares of the company’s stock worth $978,000 after buying an additional 1,975 shares during the period. Catawba River Capital bought a new stake in World Equity ETF during the 4th quarter valued at $261,000. EverSource Wealth Advisors LLC boosted its position in World Equity ETF by 4.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 8,497 shares of the company’s stock valued at $629,000 after buying an additional 328 shares during the period. Finally, Cary Street Partners Financial LLC boosted its position in World Equity ETF by 10.7% during the 4th quarter. Cary Street Partners Financial LLC now owns 15,080 shares of the company’s stock valued at $1,116,000 after buying an additional 1,454 shares during the period.

World Equity ETF Stock Performance

DFAW stock traded up $0.73 during trading on Friday, hitting $84.64. 78,334 shares of the company traded hands, compared to its average volume of 86,486. The company has a 50-day moving average of $84.19 and a 200-day moving average of $80.96. World Equity ETF has a 1 year low of $69.71 and a 1 year high of $86.36. The firm has a market capitalization of $1.62 billion, a PE ratio of 19.16 and a beta of 0.89.

About World Equity ETF

(Get Free Report)

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.

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