Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Sees Large Increase in Short Interest

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,600 shares, a growth of 300.0% from the March 31st total of 900 shares. Based on an average daily trading volume, of 6,300 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the shares of the company are short sold.

Westwood Salient Enhanced Energy Income ETF Price Performance

Shares of Westwood Salient Enhanced Energy Income ETF stock opened at $20.49 on Tuesday. The company’s fifty day moving average price is $21.32 and its two-hundred day moving average price is $22.28. The firm has a market capitalization of $15.78 million and a PE ratio of 14.05. Westwood Salient Enhanced Energy Income ETF has a 52-week low of $18.37 and a 52-week high of $24.87.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Friday, March 28th were paid a dividend of $0.225 per share. This represents a $2.70 dividend on an annualized basis and a yield of 13.18%. The ex-dividend date was Friday, March 28th.

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.