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 decrease in short interest in the month of August. As of August 14th, there was short interest totaling 2,129 shares, a decrease of 87.7% from the July 30th total of 17,246 shares. Based on an average daily volume of 56,385 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

Westwood Salient Enhanced Energy Income ETF Stock Down 0.2%

NASDAQ WEEI traded down $0.05 during trading on Thursday, hitting $24.79. The company’s stock had a trading volume of 44,583 shares, compared to its average volume of 46,547. Westwood Salient Enhanced Energy Income ETF has a 52 week low of $20.38 and a 52 week high of $25.23. The firm has a market cap of $100.40 million, a P/E ratio of 15.37 and a beta of 0.04. The firm has a 50 day moving average price of $23.58 and a 200 day moving average price of $23.72.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, August 4th. Investors of record on Thursday, July 30th were given a dividend of $0.225 per share. The ex-dividend date of this dividend was Thursday, July 30th. This represents a c) dividend on an annualized basis and a yield of 10.9%.

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.