Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Shares Shorted: Short Interest Up 71.5% in October

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 43,423 shares, a growth of 71.5% from the September 30th total of 25,313 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 35,761 shares, the days-to-cover ratio is currently 1.2 days.

Westwood Salient Enhanced Energy Income ETF Stock Performance

NASDAQ:WEEI opened at $25.71 on Wednesday. The firm’s 50-day moving average is $25.27 and its 200-day moving average is $24.02. The company has a market cap of $116.47 million, a price-to-earnings ratio of 15.37 and a beta of 0.01. Westwood Salient Enhanced Energy Income ETF has a 52-week low of $20.56 and a 52-week high of $26.39.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 3rd. Stockholders of record on Thursday, October 29th were issued a dividend of $0.2250 per share. This represents a $2.70 annualized dividend and a dividend yield of 10.5%. The ex-dividend date of this dividend was Thursday, October 29th.

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.