Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Sees Large Growth in Short Interest

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 22,288 shares, an increase of 946.9% from the August 15th total of 2,129 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average trading volume of 37,422 shares, the short-interest ratio is presently 0.6 days.

Westwood Salient Enhanced Energy Income ETF Stock Down 0.2%

Shares of WEEI stock traded down $0.06 during mid-day trading on Thursday, hitting $25.24. 22,449 shares of the stock were exchanged, compared to its average volume of 45,633. Westwood Salient Enhanced Energy Income ETF has a 52-week low of $20.38 and a 52-week high of $25.50. The company has a market cap of $102.22 million, a PE ratio of 15.37 and a beta of 0.05. The firm has a fifty day moving average of $24.16 and a 200 day moving average of $23.85.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 2nd. Investors of record on Friday, August 28th were issued a $0.225 dividend. The ex-dividend date of this dividend was Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 10.7%.

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.