Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Short Interest Down 22.6% in May

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 4,100 shares, a decline of 22.6% from the April 30th total of 5,300 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 6,000 shares, the days-to-cover ratio is currently 0.7 days.

Westwood Salient Enhanced Energy Income ETF Trading Up 1.0%

NASDAQ WEEI opened at $20.28 on Wednesday. Westwood Salient Enhanced Energy Income ETF has a 1 year low of $18.37 and a 1 year high of $24.41. The company has a fifty day simple moving average of $20.25 and a 200 day simple moving average of $21.73. The company has a market cap of $15.62 million and a P/E ratio of 15.45.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Thursday, May 29th were given a dividend of $0.225 per share. This represents a $2.70 dividend on an annualized basis and a yield of 13.31%. The ex-dividend date was Thursday, May 29th.

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.