Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI – Get Free Report) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 54,304 shares, a growth of 97.7% from the May 31st total of 27,461 shares. Approximately 1.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 34,091 shares, the days-to-cover ratio is presently 1.6 days.
Westwood Salient Enhanced Energy Income ETF Trading Up 0.9%
Westwood Salient Enhanced Energy Income ETF stock traded up $0.19 during midday trading on Thursday, reaching $22.17. The company’s stock had a trading volume of 35,313 shares, compared to its average volume of 44,730. The stock has a market cap of $65.84 million, a PE ratio of 15.37 and a beta of 0.04. Westwood Salient Enhanced Energy Income ETF has a 52 week low of $20.38 and a 52 week high of $25.12. The business has a 50-day moving average price of $23.53 and a 200-day moving average price of $23.16.
Westwood Salient Enhanced Energy Income ETF Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 29th will be paid a $0.225 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date is Monday, June 29th.
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.
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