Short Interest in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Drops By 73.0%

Posted by Tyrone Williams on Jul 28th, 2026

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Get Free Report) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 18,524 shares, a decline of 73.0% from the June 30th total of 68,602 shares. Based on an average daily volume of 59,832 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Wahed Dow Jones Islamic World ETF Price Performance

Shares of UMMA opened at $35.71 on Tuesday. Wahed Dow Jones Islamic World ETF has a 12 month low of $25.45 and a 12 month high of $41.53. The stock has a fifty day moving average price of $37.71 and a 200 day moving average price of $34.50. The company has a market cap of $278.54 million, a P/E ratio of 23.30 and a beta of 1.03.

Wahed Dow Jones Islamic World ETF Cuts Dividend

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

Institutional Trading of 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 boosted its position in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Free Report) by 44.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 24,162 shares of the company’s stock after purchasing an additional 7,475 shares during the quarter. Farther Finance Advisors LLC owned about 0.38% of Wahed Dow Jones Islamic World ETF worth $715,000 at the end of the most recent quarter.

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.