Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Sees Large Increase in Short Interest

Posted by Amy Steele on Jan 16th, 2026

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Get Free Report) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 64,716 shares, an increase of 149.8% from the December 15th total of 25,909 shares. Based on an average daily volume of 43,209 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.0% of the company’s stock are short sold. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 43,209 shares, the days-to-cover ratio is currently 1.5 days.

Wahed Dow Jones Islamic World ETF Stock Up 0.3%

Shares of Wahed Dow Jones Islamic World ETF stock traded up $0.11 during midday trading on Friday, hitting $31.64. The company’s stock had a trading volume of 26,027 shares, compared to its average volume of 47,545. Wahed Dow Jones Islamic World ETF has a 1-year low of $20.85 and a 1-year high of $32.09. The firm has a market capitalization of $200.88 million, a P/E ratio of 23.30 and a beta of 0.98. The stock has a 50-day simple moving average of $29.17 and a 200-day simple moving average of $27.89.

Wahed Dow Jones Islamic World ETF Cuts Dividend

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

Institutional Investors 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 position in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Free Report) by 10.7% during the third quarter, according to its most recent 13F filing with the 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 as of its most recent filing with the SEC.

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.