Short Interest in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Increases By 146.7%

Posted by ABMN Staff on Feb 27th, 2026

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Get Free Report) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 239,141 shares, an increase of 146.7% from the January 29th total of 96,935 shares. Based on an average daily trading volume, of 46,337 shares, the days-to-cover ratio is currently 5.2 days. Currently, 3.8% of the shares of the stock are sold short. Currently, 3.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 46,337 shares, the days-to-cover ratio is currently 5.2 days.

Wahed Dow Jones Islamic World ETF Stock Down 0.7%

NASDAQ:UMMA opened at $34.60 on Friday. The stock has a market cap of $219.71 million, a P/E ratio of 23.30 and a beta of 0.98. The business’s 50-day moving average price is $31.73 and its two-hundred day moving average price is $29.20. Wahed Dow Jones Islamic World ETF has a twelve month low of $20.85 and a twelve month high of $34.98.

Wahed Dow Jones Islamic World ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were paid a $0.0044 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, December 24th.

Hedge Funds 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 raised its stake in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Free Report) by 10.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,687 shares of the company’s stock after buying an additional 1,617 shares during the period. Farther Finance Advisors LLC owned about 0.29% of Wahed Dow Jones Islamic World ETF worth $460,000 at the end of the most recent quarter.

Wahed Dow Jones Islamic World ETF Company Profile

(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.