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 closed out or covered. As of March 31st, traders have sold 27,100 shares of UMMA short. 0.54% of Wahed Dow Jones Islamic World ETF's shares are currently sold short. Learn More on Wahed Dow Jones Islamic World ETF's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. UMMA shares currently have a short interest ratio of 1.0. Learn More on Wahed Dow Jones Islamic World ETF's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.54% of Wahed Dow Jones Islamic World ETF's floating shares are currently sold short.

Wahed Dow Jones Islamic World ETF saw a increase in short interest in March. As of March 31st, there was short interest totaling 27,100 shares, an increase of 266.2% from the previous total of 7,400 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.

0.54% of Wahed Dow Jones Islamic World ETF's shares are currently sold short. Here is how the short interest of companies compare to Wahed Dow Jones Islamic World ETF: First Trust Dow Jones International Internet ETF (1.79%), WisdomTree Cybersecurity Fund (0.13%), Global X Millennial Consumer ETF (0.05%), Valkyrie Bitcoin Miners ETF (6.62%), Global X Video Games & Esports ETF (0.19%), Fidelity Crypto Industry and Digital Payments ETF (0.58%), VanEck Digital Transformation ETF (2.01%), Fidelity Disruptive Automation ETF (0.06%), SPDR MSCI ACWI Climate Paris Aligned ETF (0.16%), First Trust Indxx Innovative Transaction & Process ETF (0.45%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($21.93 billion), iShares 20+ Year Treasury Bond ETF ($9.31 billion), Strategy Incorporated ($8.42 billion), Charter Communications, Inc. ($4.52 billion), Apollo Global Management, Inc. ($4.26 billion), Super Micro Computer, Inc. ($3.98 billion), Capital One Financial Co. ($3.79 billion), TC Energy Co. ($3.43 billion), AppLovin Co. ($2.91 billion), and Schlumberger Limited ($2.89 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 up $0.20 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 March, 31 2025.