Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) Stock Short Interest Report for September

Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 28,910 shares, a drop of 41.8% from the September 15th total of 49,673 shares. Based on an average trading volume of 76,376 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On Westwood Salient Enhanced Midstream Income ETF

A hedge fund recently raised its position in Westwood Salient Enhanced Midstream Income ETF stock. North Star Investment Management Corp. grew its holdings in Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) by 136.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 169,686 shares of the company’s stock after purchasing an additional 97,922 shares during the quarter. North Star Investment Management Corp. owned approximately 2.08% of Westwood Salient Enhanced Midstream Income ETF worth $4,853,000 at the end of the most recent quarter.

Westwood Salient Enhanced Midstream Income ETF Price Performance

NYSE MDST traded up $0.72 on Friday, hitting $28.68. 38,629 shares of the company’s stock were exchanged, compared to its average volume of 62,268. Westwood Salient Enhanced Midstream Income ETF has a fifty-two week low of $24.93 and a fifty-two week high of $30.43. The firm has a market cap of $304.06 million, a price-to-earnings ratio of 19.79 and a beta of 0.27. The firm’s 50-day moving average price is $29.03 and its two-hundred day moving average price is $29.05.

Westwood Salient Enhanced Midstream Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 5th. Stockholders of record on Tuesday, September 29th were paid a dividend of $0.2250 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 9.4%.

About Westwood Salient Enhanced Midstream Income ETF

The Westwood Salient Enhanced Midstream Income ETF (MDST) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that invests in midstream North American companies and US master limited partnerships (MLPs). In addition, the fund enhances income through covered call options. MDST was launched on Apr 9, 2024 and is issued by Westwood.