Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) Short Interest Down 19.3% in April

Wahed FTSE USA Shariah ETF (NASDAQ:HLALGet Free Report) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 35,986 shares, a decrease of 19.3% from the March 31st total of 44,604 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 60,961 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Wahed FTSE USA Shariah ETF

An institutional investor recently bought a new position in Wahed FTSE USA Shariah ETF stock. Murphy & Mullick Capital Management Corp bought a new stake in Wahed FTSE USA Shariah ETF (NASDAQ:HLALFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,500 shares of the company’s stock, valued at approximately $93,000.

Wahed FTSE USA Shariah ETF Stock Performance

Shares of NASDAQ HLAL traded up $1.11 during mid-day trading on Thursday, reaching $66.96. 50,226 shares of the company traded hands, compared to its average volume of 66,268. The stock has a market cap of $821.60 million, a PE ratio of 26.06 and a beta of 0.98. The company’s fifty day moving average is $62.23 and its two-hundred day moving average is $62.06. Wahed FTSE USA Shariah ETF has a fifty-two week low of $48.14 and a fifty-two week high of $67.05.

Wahed FTSE USA Shariah ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Thursday, March 26th were issued a dividend of $0.077 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.5%.

Wahed FTSE USA Shariah ETF Company Profile

(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.

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