Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Shares Shorted: Short Interest Down 68.0% in October

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) saw a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 13,879 shares, a decline of 68.0% from the October 15th total of 43,423 shares. Based on an average trading volume of 36,737 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the shares of the company are short sold.

Westwood Salient Enhanced Energy Income ETF Price Performance

Shares of NASDAQ:WEEI opened at $25.18 on Friday. Westwood Salient Enhanced Energy Income ETF has a 12 month low of $20.85 and a 12 month high of $26.39. The stock has a market cap of $114.08 million, a price-to-earnings ratio of 13.62 and a beta of 0.01. The stock’s 50 day moving average price is $25.20 and its 200 day moving average price is $24.09.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 3rd. Investors of record on Thursday, October 29th were paid a $0.2250 dividend. The ex-dividend date of this dividend was Thursday, October 29th. This represents a $2.70 dividend on an annualized basis and a yield of 10.7%.

Westwood Salient Enhanced Energy Income ETF Company Profile

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.