Short Interest in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Grows By 72.3%

Posted by James Quigley on Jun 16th, 2025

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Get Free Report) saw a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 32,400 shares, an increase of 72.3% from the May 15th total of 18,800 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 30,100 shares, the short-interest ratio is presently 1.1 days.

Wahed Dow Jones Islamic World ETF Price Performance

Shares of NASDAQ UMMA traded up $0.21 during midday trading on Monday, reaching $26.34. 32,841 shares of the stock were exchanged, compared to its average volume of 29,053. Wahed Dow Jones Islamic World ETF has a 12 month low of $20.85 and a 12 month high of $27.56. The company has a market capitalization of $131.70 million, a price-to-earnings ratio of 23.33 and a beta of 1.03. The business has a 50-day simple moving average of $24.68 and a two-hundred day simple moving average of $24.57.

Wahed Dow Jones Islamic World ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Wednesday, March 26th were issued a $0.06 dividend. The ex-dividend date was Wednesday, March 26th. This represents a $0.24 annualized dividend and a dividend yield of 0.91%.

Institutional Investors Weigh In On Wahed Dow Jones Islamic World ETF

An institutional investor recently raised its position in Wahed Dow Jones Islamic World ETF stock. Farther Finance Advisors LLC increased its stake in shares of Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Free Report) by 5.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,242 shares of the company’s stock after acquiring an additional 625 shares during the period. Farther Finance Advisors LLC owned about 0.23% of Wahed Dow Jones Islamic World ETF worth $266,000 as of its most recent SEC filing.

About Wahed Dow Jones Islamic World ETF

(Get Free Report)

The Wahed Dow Jones Islamic World ETF (UMMA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks.