Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI – Get Free Report) was the recipient of a significant growth in short interest during the month of 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. Based on an average daily trading volume, of 34,091 shares, the short-interest ratio is currently 1.6 days. Approximately 1.8% of the company’s stock are short sold.
Westwood Salient Enhanced Energy Income ETF Stock Performance
Shares of WEEI opened at $22.17 on Friday. The firm has a market cap of $65.84 million, a PE ratio of 15.37 and a beta of 0.04. The firm’s 50 day moving average price is $23.51 and its 200 day moving average price is $23.16. Westwood Salient Enhanced Energy Income ETF has a twelve month low of $20.38 and a twelve month high of $25.12.
Westwood Salient Enhanced Energy Income ETF Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 29th will be issued a dividend of $0.225 per share. The ex-dividend date is Monday, June 29th. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%.
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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