Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Short Interest Down 45.1% in February

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

Westwood Salient Enhanced Energy Income ETF Stock Performance

Shares of NASDAQ WEEI opened at $22.37 on Friday. The company has a market cap of $14.09 million and a price-to-earnings ratio of 14.61. The business’s 50 day moving average price is $22.34 and its 200-day moving average price is $22.86. Westwood Salient Enhanced Energy Income ETF has a fifty-two week low of $20.64 and a fifty-two week high of $24.87.

Westwood Salient Enhanced Energy Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Thursday, February 27th will be given a dividend of $0.225 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 12.07%. The ex-dividend date is Thursday, February 27th.

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.