Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Sees Significant Decline in Short Interest

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 25,313 shares, a drop of 41.3% from the September 15th total of 43,118 shares. Based on an average daily trading volume, of 38,921 shares, the short-interest ratio is currently 0.7 days. Approximately 0.6% of the company’s stock are sold short.

Westwood Salient Enhanced Energy Income ETF Stock Up 1.5%

Shares of Westwood Salient Enhanced Energy Income ETF stock traded up $0.38 on Friday, reaching $25.98. The company’s stock had a trading volume of 22,178 shares, compared to its average volume of 44,562. Westwood Salient Enhanced Energy Income ETF has a 52 week low of $20.45 and a 52 week high of $25.99. The firm’s fifty day simple moving average is $24.98 and its two-hundred day simple moving average is $24.04. The company has a market capitalization of $115.09 million, a price-to-earnings ratio of 15.37 and a beta of 0.07.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 5th. Stockholders of record on Tuesday, September 29th were given a dividend of $0.2250 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 10.4%.

About Westwood Salient Enhanced Energy Income ETF

The Westwood Salient Enhanced Energy Income ETF (WEEI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed portfolio seeking to provide monthly income by investing in North American energy companies and writing 1-month call options, on a recurring basis. Stocks are selected and weighted based on fundamental criteria. WEEI was launched on May 1, 2024 and is issued by Westwood.