Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Shares Shorted: Short Interest Down 41.3% in September

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 25,313 shares, a drop of 41.3% from the September 15th total of 43,118 shares. Based on an average trading volume of 38,921 shares, the short-interest ratio is currently 0.7 days. Approximately 0.6% of the company’s stock are sold short.

Westwood Salient Enhanced Energy Income ETF Trading Up 0.0%

WEEI stock opened at $25.83 on Thursday. The stock has a 50-day moving average price of $24.89 and a two-hundred day moving average price of $24.03. The stock has a market cap of $113.14 million, a PE ratio of 15.37 and a beta of 0.07. Westwood Salient Enhanced Energy Income ETF has a 1 year low of $20.38 and a 1 year high of $25.99.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, October 5th. Stockholders of record on Tuesday, September 29th were given a dividend of $0.2250 per share. This represents a $2.70 annualized dividend and a dividend yield of 10.5%. The ex-dividend date of this dividend was Tuesday, September 29th.

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.