Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Short Interest Up 946.9% in August

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 22,288 shares, a growth of 946.9% from the August 15th total of 2,129 shares. Based on an average daily trading volume, of 37,422 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.6% of the shares of the company are short sold.

Westwood Salient Enhanced Energy Income ETF Price Performance

WEEI stock traded down $0.06 during trading on Thursday, hitting $25.24. 22,449 shares of the company traded hands, compared to its average volume of 45,633. The stock’s 50-day simple moving average is $24.16 and its 200 day simple moving average is $23.85. The company has a market cap of $102.22 million, a PE 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 $25.50.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Friday, August 28th were paid a dividend of $0.225 per share. The ex-dividend date of this dividend was Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%.

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.