Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) Sees Large Decrease in Short Interest

Posted by Joseph Casey on Jun 4th, 2026

Wahed FTSE USA Shariah ETF (NASDAQ:HLAL – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 71,746 shares, a decline of 38.2% from the April 30th total of 116,168 shares. Based on an average daily volume of 74,192 shares, the short-interest ratio is presently 1.0 days. Currently, 0.6% of the company’s shares are short sold.

Wahed FTSE USA Shariah ETF Stock Down 1.3%

NASDAQ:HLAL traded down $0.92 during mid-day trading on Thursday, hitting $72.63. 14,198 shares of the stock traded hands, compared to its average volume of 65,723. Wahed FTSE USA Shariah ETF has a 52 week low of $51.08 and a 52 week high of $73.83. The stock has a market capitalization of $891.17 million, a price-to-earnings ratio of 26.06 and a beta of 1.02. The firm’s 50 day moving average is $66.25 and its two-hundred day moving average is $63.65.

Wahed FTSE USA Shariah ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Thursday, March 26th were paid a dividend of $0.077 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.4%.

Institutional Investors Weigh In On Wahed FTSE USA Shariah ETF

An institutional investor recently raised its position in Wahed FTSE USA Shariah ETF stock. Murphy & Mullick Capital Management Corp raised its holdings in shares of Wahed FTSE USA Shariah ETF (NASDAQ:HLAL – Free Report) by 13.3% during the first quarter, according to its most recent filing with the SEC. The firm owned 1,700 shares of the company’s stock after purchasing an additional 200 shares during the period. Murphy & Mullick Capital Management Corp’s holdings in Wahed FTSE USA Shariah ETF were worth $101,000 at the end of the most recent reporting period.

Wahed FTSE USA Shariah ETF Company Profile

(Get Free Report)

The Wahed FTSE USA Shariah ETF (HLAL) is an exchange-traded fund that is based on the FTSE USA Shariah index, a principles-selected, market-cap-weighted index of US equities. HLAL was launched on Jul 16, 2019 and is managed by Wahed.