Short Interest in Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Declines By 93.1%

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the target of a large decrease in short interest in the month of 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 trading volume, of 5,900 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Westwood Salient Enhanced Energy Income ETF Stock Performance

Westwood Salient Enhanced Energy Income ETF stock opened at $19.49 on Tuesday. The stock has a market capitalization of $15.01 million and a P/E ratio of 16.20. The company’s fifty day moving average price is $21.80 and its 200 day moving average price is $22.51. Westwood Salient Enhanced Energy Income ETF has a 1 year low of $18.37 and a 1 year high of $24.87.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 28th were given a dividend of $0.225 per share. The ex-dividend date of this dividend was Friday, March 28th. This represents a $2.70 annualized dividend and a dividend yield of 13.85%.

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.