Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Shares Shorted: Short Interest Up 93.5% in September

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) saw a large increase in short interest in 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 short-interest ratio is currently 1.4 days. Currently, 1.0% of the shares of the company are short sold.

Westwood Salient Enhanced Energy Income ETF Trading Up 0.7%

Shares of Westwood Salient Enhanced Energy Income ETF stock traded up $0.17 during trading on Wednesday, hitting $24.33. 12,772 shares of the stock were exchanged, compared to its average volume of 45,149. The company has a fifty day moving average price of $24.64 and a 200-day moving average price of $23.97. The stock has a market capitalization of $105.11 million, a price-to-earnings ratio of 15.37 and a beta of 0.05. Westwood Salient Enhanced Energy Income ETF has a 1-year low of $20.38 and a 1-year high of $25.57.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, October 5th. Shareholders of record on Tuesday, September 29th will be issued a dividend of $0.2250 per share. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $2.70 annualized dividend and a yield of 11.1%.

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.