Short Interest in Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Rises By 97.7%

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

Westwood Salient Enhanced Energy Income ETF Stock Down 0.4%

NASDAQ WEEI traded down $0.08 on Wednesday, reaching $22.03. The company had a trading volume of 11,551 shares, compared to its average volume of 44,388. The stock’s 50 day moving average is $23.55 and its 200-day moving average is $23.16. The stock has a market cap of $65.43 million, a price-to-earnings ratio of 15.37 and a beta of 0.04. Westwood Salient Enhanced Energy Income ETF has a 52 week low of $20.38 and a 52 week high of $25.12.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 29th will be given a dividend of $0.225 per share. This represents a c) annualized dividend and a dividend yield of 12.3%. The ex-dividend date is Monday, June 29th.

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.