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

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 54,304 shares, an increase of 97.7% from the May 31st total of 27,461 shares. Based on an average daily trading volume, of 34,091 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.8% of the company’s shares are short sold.

Westwood Salient Enhanced Energy Income ETF Price Performance

Shares of NASDAQ WEEI traded down $0.08 during midday trading on Wednesday, hitting $22.03. The stock had a trading volume of 11,551 shares, compared to its average volume of 44,388. The company’s 50-day simple moving average is $23.55 and its 200 day simple moving average is $23.16. The firm has a market cap of $65.43 million, a P/E ratio of 15.37 and a beta of 0.04. Westwood Salient Enhanced Energy Income ETF has a fifty-two week low of $20.38 and a fifty-two week high of $25.12.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, July 6th. Investors of record on Monday, June 29th will be issued a $0.225 dividend. The ex-dividend date is Monday, June 29th. This represents a c) annualized dividend and a yield of 12.3%.

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.