World Equity ETF (NYSEARCA:DFAW) Shares Shorted: Short Interest Down 41.5% in September

World Equity ETF (NYSEARCA:DFAW) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 74,734 shares, a decline of 41.5% from the August 31st total of 127,768 shares. Based on an average trading volume of 98,366 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions 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 worth $20,972,000 after acquiring an additional 43,689 shares in the last quarter. Monograph Wealth Advisors LLC raised its position in shares of World Equity ETF by 10.7% during the 1st quarter. Monograph Wealth Advisors LLC now owns 26,536 shares of the company’s stock valued at $1,958,000 after purchasing an additional 2,564 shares during the period. Mosaic Family Wealth Partners LLC boosted its holdings in World Equity ETF by 10.1% in the 1st quarter. Mosaic Family Wealth Partners LLC now owns 23,981 shares of the company’s stock worth $1,769,000 after buying an additional 2,208 shares during the period. Chico Wealth RIA increased its stake in World Equity ETF by 10.1% in the 2nd quarter. Chico Wealth RIA now owns 12,663 shares of the company’s stock worth $1,048,000 after buying an additional 1,166 shares in the last quarter. Finally, Nemes Rush Group LLC raised its holdings in World Equity ETF by 3.5% during the fourth quarter. Nemes Rush Group LLC now owns 12,277 shares of the company’s stock valued at $908,000 after acquiring an additional 412 shares during the period.

World Equity ETF Trading Up 0.7%

World Equity ETF stock traded up $0.55 during trading on Friday, reaching $83.63. The company had a trading volume of 17,377 shares, compared to its average volume of 86,560. The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of 19.16 and a beta of 0.89. The firm’s 50-day simple moving average is $84.46 and its 200 day simple moving average is $81.66. World Equity ETF has a 52 week low of $69.71 and a 52 week high of $86.36.

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.