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

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 17,300 shares, an increase of 86.0% from the August 15th total of 9,300 shares. Based on an average daily volume of 27,400 shares, the short-interest ratio is presently 0.6 days.

Wahed Dow Jones Islamic World ETF Trading Down 0.2 %

NASDAQ:UMMA opened at $24.73 on Friday. The stock has a 50 day simple moving average of $24.79 and a 200 day simple moving average of $24.40. The stock has a market cap of $101.39 million, a P/E ratio of 20.60 and a beta of 1.03. Wahed Dow Jones Islamic World ETF has a 1-year low of $19.18 and a 1-year high of $26.29.

Wahed Dow Jones Islamic World ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a dividend of $0.005 per share. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.08%. The ex-dividend date was Thursday, June 27th.

About Wahed Dow Jones Islamic World ETF

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.