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This actively managed Exchange-Traded Fund (ETF) strategically invests in the equity securities of companies around the globe, with the specific exclusion of those domiciled in the United States. A core principle of its investment strategy is to select companies that fully comply with Shariah law and Islamic principles, as interpreted by subject-matter experts. The fund aims to mirror the composition and performance of the Dow Jones Islamic Market International Titans 100 Index by investing in similar securities. It is important to note that this fund is non-diversified.

Wahed Dow Jones Islamic World ETF (NASDAQ: UMMA - Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 93,829 shares, a decrease of 25.9% from the March 15th total of 126,669 shares. Based on an average daily trading

Wahed Dow Jones Islamic World ETF (NASDAQ: UMMA - Get Free Report) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 50,081 shares, a drop of 79.1% from the February 12th total of 239,141 shares. Approximately 0.8% of the company's stock are short sold.

Wahed has launched the Nasdaq's first Shariah-compliant and ESG-aware ETF, the Wahed Dow Jones Islamic World ETF (UMMA). Wahed, a New York-based firm that aims to advance financial inclusion through accessible, affordable, and values-based investing, launched its second ETF, UMMA, in collaboration with the U.S. Bank's Listed Funds Trust and Dow Jones.