Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) Shares Shorted: Short Interest Up 98.0% in September

Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 49,673 shares, a growth of 98.0% from the August 31st total of 25,091 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 57,936 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On Westwood Salient Enhanced Midstream Income ETF

An institutional investor recently raised its position in Westwood Salient Enhanced Midstream Income ETF stock. North Star Investment Management Corp. increased its position in Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST – Free Report) by 136.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,686 shares of the company’s stock after buying an additional 97,922 shares during the period. North Star Investment Management Corp. owned 2.08% of Westwood Salient Enhanced Midstream Income ETF worth $4,853,000 at the end of the most recent quarter.

Westwood Salient Enhanced Midstream Income ETF Stock Performance

Shares of NYSE MDST opened at $27.44 on Thursday. The company has a market cap of $281.26 million, a P/E ratio of 19.79 and a beta of 0.23. The firm’s fifty day moving average is $29.27 and its two-hundred day moving average is $29.11. Westwood Salient Enhanced Midstream Income ETF has a 52-week low of $24.93 and a 52-week high of $30.43.

Westwood Salient Enhanced Midstream Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 5th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.2250 per share. The ex-dividend date is Tuesday, September 29th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 9.8%.

Westwood Salient Enhanced Midstream Income ETF Company Profile

(Get Free Report)

The Westwood Salient Enhanced Midstream Income ETF (MDST) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that invests in midstream North American companies and US master limited partnerships (MLPs). In addition, the fund enhances income through covered call options. MDST was launched on Apr 9, 2024 and is issued by Westwood.

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