Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Short Interest Down 53.7% in May

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) saw a significant drop in short interest in May. As of May 31st, there was short interest totalling 1,900 shares, a drop of 53.7% from the May 15th total of 4,100 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is presently 0.3 days.

Westwood Salient Enhanced Energy Income ETF Stock Performance

Shares of NASDAQ:WEEI opened at $21.12 on Monday. Westwood Salient Enhanced Energy Income ETF has a twelve month low of $18.37 and a twelve month high of $24.41. The firm has a market cap of $16.26 million and a PE ratio of 14.97. The business has a fifty day moving average of $20.13 and a 200-day moving average of $21.52.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Thursday, May 29th were paid a $0.225 dividend. The ex-dividend date was Thursday, May 29th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 12.78%.

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.