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 target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 17,246 shares, a decrease of 80.9% from the July 15th total of 90,073 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 62,885 shares, the days-to-cover ratio is currently 0.3 days.

Westwood Salient Enhanced Energy Income ETF Stock Performance

WEEI stock opened at $24.46 on Wednesday. The company has a market capitalization of $99.06 million, a PE ratio of 15.37 and a beta of 0.04. Westwood Salient Enhanced Energy Income ETF has a one year low of $20.38 and a one year high of $25.12. The company’s 50 day moving average price is $23.30 and its two-hundred day moving average price is $23.55.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

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