Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Short Interest Update

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

Westwood Salient Enhanced Energy Income ETF Trading Up 0.2%

WEEI stock opened at $25.28 on Friday. The stock’s fifty day simple moving average is $24.22 and its two-hundred day simple moving average is $23.86. Westwood Salient Enhanced Energy Income ETF has a 1-year low of $20.38 and a 1-year high of $25.50. The stock has a market cap of $102.38 million, a P/E ratio of 15.37 and a beta of 0.05.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The business 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. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date of this dividend was Friday, August 28th.

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.