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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.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.