Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) Stock Short Interest Report for September

Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 28,910 shares, a drop of 41.8% from the September 15th total of 49,673 shares. Based on an average trading volume of 76,376 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the shares of the company are short sold.

Westwood Salient Enhanced Midstream Income ETF Stock Performance

NYSE MDST traded down $0.50 during trading on Thursday, hitting $28.00. 11,074 shares of the company’s stock traded hands, compared to its average volume of 62,112. The stock has a market capitalization of $296.84 million, a price-to-earnings ratio of 19.79 and a beta of 0.27. Westwood Salient Enhanced Midstream Income ETF has a 12-month low of $24.93 and a 12-month high of $30.43. The business has a 50 day moving average of $29.06 and a 200-day moving average of $29.06.

Westwood Salient Enhanced Midstream Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, October 5th. Shareholders of record on Tuesday, September 29th were issued a $0.2250 dividend. This represents a $2.70 annualized dividend and a yield of 9.6%. The ex-dividend date of this dividend was Tuesday, September 29th.

Hedge Funds Weigh In On Westwood Salient Enhanced Midstream Income ETF

An institutional investor recently raised its position in Westwood Salient Enhanced Midstream Income ETF stock. North Star Investment Management Corp. lifted its position in Westwood Salient Enhanced Midstream Income ETF (NYSE:MDST) by 136.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 169,686 shares of the company’s stock after purchasing an additional 97,922 shares during the quarter. North Star Investment Management Corp. owned 2.08% of Westwood Salient Enhanced Midstream Income ETF worth $4,853,000 at the end of the most recent quarter.

About Westwood Salient Enhanced Midstream Income ETF

The Westwood Salient Enhanced Midstream Income ETF (MDST) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that invests in midstream North American companies and US master limited partnerships (MLPs). In addition, the fund enhances income through covered call options. MDST was launched on Apr 9, 2024 and is issued by Westwood.