Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Short Interest Down 68.9% in August

Posted by Francis Steltz on Aug 28th, 2026

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 16,505 shares, a decrease of 68.9% from the July 30th total of 53,113 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 41,947 shares, the short-interest ratio is currently 0.4 days.

Wahed Dow Jones Islamic World ETF Trading Down 1.0%

UMMA traded down $0.36 on Friday, reaching $37.42. The stock had a trading volume of 55,731 shares, compared to its average volume of 50,362. Wahed Dow Jones Islamic World ETF has a 12-month low of $25.82 and a 12-month high of $41.53. The business’s 50-day moving average price is $37.33 and its two-hundred day moving average price is $35.37. The company has a market cap of $291.88 million, a P/E ratio of 23.30 and a beta of 1.04.

Wahed Dow Jones Islamic World ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 25th were given a dividend of $0.004 per share. This represents a $0.02 annualized dividend and a yield of 0.0%. The ex-dividend date was Thursday, June 25th.

Hedge Funds Weigh In On Wahed Dow Jones Islamic World ETF

An institutional investor recently bought a new stake in Wahed Dow Jones Islamic World ETF stock. Valeo Financial Advisors LLC purchased a new stake in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,502 shares of the company’s stock, valued at approximately $336,000. Valeo Financial Advisors LLC owned approximately 0.11% of Wahed Dow Jones Islamic World ETF 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. UMMA was launched on Jan 7, 2022 and is managed by Wahed.