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

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 17,246 shares, a decrease of 80.9% from the July 15th total of 90,073 shares. Based on an average daily volume of 62,885 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the stock are short sold.

Westwood Salient Enhanced Energy Income ETF Price Performance

Shares of Westwood Salient Enhanced Energy Income ETF stock traded down $0.03 during trading on Thursday, reaching $24.48. 39,292 shares of the stock traded hands, compared to its average volume of 47,218. Westwood Salient Enhanced Energy Income ETF has a 52-week low of $20.38 and a 52-week high of $25.12. The business has a fifty day simple moving average of $23.31 and a two-hundred day simple moving average of $23.58. The company has a market capitalization of $99.14 million, a price-to-earnings ratio of 15.37 and a beta of 0.04.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Investors of record on Thursday, July 30th were given a $0.225 dividend. The ex-dividend date was Thursday, July 30th. This represents a c) annualized dividend and a yield of 11.0%.

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.