Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) Short Interest Up 160.0% in February

Westwood Salient Enhanced Energy Income ETF (NASDAQ:WEEI) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 11,700 shares, a growth of 160.0% from the February 13th total of 4,500 shares. Currently, 1.9% of the company’s shares are short sold. Based on an average trading volume of 4,000 shares, the short-interest ratio is presently 2.9 days.

Westwood Salient Enhanced Energy Income ETF Stock Performance

Shares of WEEI stock opened at $22.13 on Friday. The stock has a 50 day moving average price of $22.31 and a 200 day moving average price of $22.74. The firm has a market capitalization of $13.94 million and a P/E ratio of 14.61. Westwood Salient Enhanced Energy Income ETF has a 52-week low of $20.64 and a 52-week high of $24.87.

Westwood Salient Enhanced Energy Income ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Thursday, February 27th were paid a dividend of $0.225 per share. The ex-dividend date was Thursday, February 27th. This represents a $2.70 annualized dividend and a dividend yield of 12.20%.

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.