Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Short Interest Down 87.7% in August

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the recipient of a significant decrease in short interest in 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 trading volume, of 56,385 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are sold short.

Westwood Salient Enhanced Energy Income ETF Stock Down 0.8%

NASDAQ:WEEI traded down $0.20 during mid-day trading on Friday, hitting $24.59. 8,894 shares of the stock traded hands, compared to its average volume of 46,312. The business’s 50-day moving average price is $23.62 and its 200 day moving average price is $23.73. The company has a market cap of $99.59 million, a PE ratio of 15.37 and a beta of 0.04. Westwood Salient Enhanced Energy Income ETF has a 12-month low of $20.38 and a 12-month high of $25.23.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 28th will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a c) annualized dividend and a yield of 11.0%.

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.