Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Stock Short Interest Jumps 93.5%

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 43,118 shares, an increase of 93.5% from the August 31st total of 22,288 shares. Based on an average trading volume of 30,592 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.0% of the company’s shares are sold short.

Westwood Salient Enhanced Energy Income ETF Stock Performance

WEEI stock opened at $24.61 on Tuesday. The company has a 50 day moving average price of $24.63 and a two-hundred day moving average price of $23.96. The stock has a market capitalization of $106.32 million, a P/E ratio of 15.37 and a beta of 0.05. Westwood Salient Enhanced Energy Income ETF has a one year low of $20.38 and a one year high of $25.57.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 5th. Stockholders of record on Tuesday, September 29th will be issued a dividend of $0.2250 per share. The ex-dividend date is Tuesday, September 29th. This represents a $2.70 annualized dividend and a dividend 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.