Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) Short Interest Update

Posted by Doug Wharley on Feb 28th, 2025

Wahed FTSE USA Shariah ETF (NASDAQ:HLAL – Get Free Report) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 137,700 shares, an increase of 154.5% from the January 31st total of 54,100 shares. Based on an average daily trading volume, of 79,300 shares, the short-interest ratio is presently 1.7 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. United Capital Financial Advisors LLC grew its holdings in shares of Wahed FTSE USA Shariah ETF by 10.4% during the fourth quarter. United Capital Financial Advisors LLC now owns 4,969 shares of the company’s stock worth $262,000 after buying an additional 470 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Wahed FTSE USA Shariah ETF by 2.3% during the fourth quarter. Farther Finance Advisors LLC now owns 40,077 shares of the company’s stock worth $2,114,000 after acquiring an additional 895 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its stake in Wahed FTSE USA Shariah ETF by 2.8% during the 4th quarter. Valeo Financial Advisors LLC now owns 10,639 shares of the company’s stock valued at $561,000 after acquiring an additional 288 shares in the last quarter.

Wahed FTSE USA Shariah ETF Trading Down 1.6 %

NASDAQ:HLAL opened at $51.42 on Friday. The stock has a 50 day moving average of $53.43 and a two-hundred day moving average of $52.43. Wahed FTSE USA Shariah ETF has a 12 month low of $45.80 and a 12 month high of $55.15. The firm has a market cap of $570.76 million, a P/E ratio of 28.21 and a beta of 1.05.

Wahed FTSE USA Shariah ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, December 24th were given a dividend of $0.0829 per share. The ex-dividend date of this dividend was Tuesday, December 24th.

About Wahed FTSE USA Shariah ETF

(Get Free Report)

The Wahed FTSE USA Shariah ETF (HLAL) is an exchange-traded fund that is based on the FTSE USA Shariah index, a principles-selected, market-cap-weighted index of US equities. HLAL was launched on Jul 16, 2019 and is managed by Wahed.