Wahed Dow Jones Islamic World ETF (UMMA) Short Interest Ratio & Short Volume

Short interest is the volume of Wahed Dow Jones Islamic World ETF shares that have been sold short but have not yet been covered or closed out. As of January 15th, investors have sold 14,300 shares of UMMA short. Learn More on Wahed Dow Jones Islamic World ETF's current short interest.

Wahed Dow Jones Islamic World ETF saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 14,300 shares, an increase of 22.2% from the previous total of 11,700 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to Wahed Dow Jones Islamic World ETF: WisdomTree Cybersecurity Fund (0.18%), Global X Social Media Index ETF (0.05%), Global X Millennial Consumer ETF (0.26%), Fidelity Disruptive Automation ETF (1.56%), Global X Video Games & Esports ETF (0.15%), Fidelity Disruptors ETF (0.01%), SPDR MSCI ACWI Climate Paris Aligned ETF (0.30%), First Trust Indxx Innovative Transaction & Process ETF (0.96%), iShares ESG Advanced MSCI EM ETF (1.10%), VictoryShares THB Mid Cap ESG ETF (0.07%),

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($4.18 billion), Charter Communications, Inc. ($3.91 billion), Reddit, Inc. ($3.16 billion), The Kroger Co. ($2.75 billion), International Paper ($2.57 billion), Cencora, Inc. ($2.06 billion), SoFi Technologies, Inc. ($2.06 billion), Rivian Automotive, Inc. ($2.00 billion), Live Nation Entertainment, Inc. ($1.63 billion), and Hims & Hers Health, Inc. ($1.57 billion). View all of the most shorted stocks.

Short selling UMMA is an investing strategy that aims to generate trading profit from Wahed Dow Jones Islamic World ETF as its price is falling. UMMA shares are trading down $0.16 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Wahed Dow Jones Islamic World ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of UMMA, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including UMMA, twice per month. The most recent reporting period available is January, 15 2025.