SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS) Stock Short Interest Drops 58.7%

Posted by Paula Ricardo on Oct 13th, 2026

SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS – Get Free Report) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 106,183 shares, a drop of 58.7% from the September 15th total of 257,142 shares. Based on an average trading volume of 403,654 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are short sold.

SP Funds S&P 500 Sharia Industry Exclusions ETF Price Performance

Shares of SP Funds S&P 500 Sharia Industry Exclusions ETF stock traded down $0.04 during midday trading on Tuesday, reaching $60.53. The company had a trading volume of 307,195 shares, compared to its average volume of 525,734. The stock has a fifty day moving average price of $59.16 and a 200 day moving average price of $56.55. The firm has a market cap of $3.36 billion, a PE ratio of 30.44 and a beta of 1.09. SP Funds S&P 500 Sharia Industry Exclusions ETF has a fifty-two week low of $46.43 and a fifty-two week high of $61.42.

SP Funds S&P 500 Sharia Industry Exclusions ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Monday, September 28th were given a dividend of $0.0260 per share. This represents a $0.31 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, September 28th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SPUS. Operose Advisors LLC acquired a new position in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF in the 2nd quarter worth approximately $33,000. Evansbrook LLC bought a new stake in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF in the 1st quarter valued at $243,000. Finally, Atomic Invest LLC increased its position in shares of SP Funds S&P 500 Sharia Industry Exclusions ETF by 9.5% during the second quarter. Atomic Invest LLC now owns 16,630 shares of the company’s stock worth $943,000 after buying an additional 1,436 shares during the period.

SP Funds S&P 500 Sharia Industry Exclusions ETF Company Profile

(Get Free Report)

The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is an exchange-traded fund that is based on the S&P 500 Shariah Industry Exclusions index. The fund tracks a market-cap weighted index of S&P 500 stocks that are Sharia-compliant. SPUS was launched on Dec 18, 2019 and is managed by SP Funds.