Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Sees Large Drop in Short Interest

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 4,500 shares, a decline of 45.1% from the January 31st total of 8,200 shares. Based on an average daily volume of 3,500 shares, the short-interest ratio is currently 1.3 days.

Westwood Salient Enhanced Energy Income ETF Stock Down 3.1 %

WEEI opened at $21.68 on Tuesday. The stock has a market cap of $13.66 million and a PE ratio of 14.61. Westwood Salient Enhanced Energy Income ETF has a twelve month low of $20.64 and a twelve month high of $24.87. The company has a fifty day moving average of $22.34 and a 200-day moving average of $22.84.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Thursday, February 27th will be given a $0.225 dividend. This represents a $2.70 annualized dividend and a dividend yield of 12.45%. The ex-dividend date is Thursday, February 27th.

Westwood Salient Enhanced Energy Income ETF Company Profile

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.