WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) Sees Significant Decline in Short Interest

WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 2,386 shares, a decline of 78.3% from the July 30th total of 11,003 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 1,758 shares, the days-to-cover ratio is presently 1.4 days.

WBI BullBear Quality 3000 ETF Price Performance

Shares of WBI BullBear Quality 3000 ETF stock remained flat at $40.71 on Thursday. 2,898 shares of the stock traded hands, compared to its average volume of 3,571. The firm has a market cap of $29.72 million, a PE ratio of 30.00 and a beta of 0.71. The company’s 50 day moving average price is $40.01 and its 200-day moving average price is $37.60. WBI BullBear Quality 3000 ETF has a 52-week low of $32.31 and a 52-week high of $41.82.

WBI BullBear Quality 3000 ETF Company Profile

The WBI BullBear Quality 3000 ETF (WBIL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that invests primarily in global equity securities. The fund can also invest its assets in nearly anything the manager deems tactical. WBIL was launched on Sep 3, 2014 and is managed by WBI Shares.