Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Sees Significant Decrease in Short Interest

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 900 shares, a decrease of 93.1% from the March 15th total of 13,000 shares. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Westwood Salient Enhanced Energy Income ETF Stock Performance

Shares of WEEI opened at $19.56 on Wednesday. Westwood Salient Enhanced Energy Income ETF has a one year low of $18.37 and a one year high of $24.87. The stock’s fifty day moving average is $21.75 and its 200-day moving average is $22.49. The firm has a market capitalization of $15.06 million and a price-to-earnings ratio of 16.20.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 28th were paid a dividend of $0.225 per share. The ex-dividend date was Friday, March 28th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 13.80%.

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.