Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Short Interest Down 80.9% in July

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 17,246 shares, a decline of 80.9% from the July 15th total of 90,073 shares. Based on an average trading volume of 62,885 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.4% of the company’s shares are sold short.

Westwood Salient Enhanced Energy Income ETF Trading Up 0.6%

Shares of NASDAQ:WEEI opened at $24.46 on Wednesday. The company has a 50-day moving average price of $23.30 and a 200-day moving average price of $23.55. The company has a market cap of $99.06 million, a price-to-earnings 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 $25.12.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Shareholders of record on Thursday, July 30th were given a dividend of $0.225 per share. The ex-dividend date of this dividend was Thursday, July 30th. This represents a c) dividend on an annualized basis 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.