Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Short Interest Update

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 41,400 shares, a growth of 76.9% from the November 30th total of 23,400 shares. Based on an average trading volume of 27,000 shares, the short-interest ratio is currently 1.5 days.

Wahed Dow Jones Islamic World ETF Trading Down 0.8 %

NASDAQ UMMA traded down $0.19 on Friday, hitting $23.81. 33,902 shares of the company traded hands, compared to its average volume of 26,374. The business’s 50 day moving average price is $24.45 and its 200-day moving average price is $24.79. Wahed Dow Jones Islamic World ETF has a 52-week low of $21.69 and a 52-week high of $26.44. The company has a market capitalization of $107.15 million, a price-to-earnings ratio of 20.60 and a beta of 1.03.

Wahed Dow Jones Islamic World ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 26th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.0043 per share. The ex-dividend date was Tuesday, December 24th.

Institutional Investors Weigh In On Wahed Dow Jones Islamic World ETF

A hedge fund recently raised its stake in Wahed Dow Jones Islamic World ETF stock. Farther Finance Advisors LLC grew its position in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) by 48.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,617 shares of the company’s stock after purchasing an additional 3,488 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.24% of Wahed Dow Jones Islamic World ETF worth $271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Wahed Dow Jones Islamic World ETF Company Profile

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.