Short Interest in WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) Expands By 756.5%

WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 12,539 shares, an increase of 756.5% from the July 30th total of 1,464 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 3,217 shares, the days-to-cover ratio is presently 3.9 days.

WBI BullBear Yield 3000 ETF Stock Performance

Shares of WBIG opened at $27.14 on Wednesday. The company has a market capitalization of $32.57 million, a PE ratio of 13.31 and a beta of 0.57. The company’s 50 day moving average price is $26.23 and its 200 day moving average price is $24.99. WBI BullBear Yield 3000 ETF has a 52 week low of $22.43 and a 52 week high of $27.46.

WBI BullBear Yield 3000 ETF Company Profile

The WBI BullBear Yield 3000 ETF (WBIG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of global equities from all capitalizations that focuses on dividend yields. The fund seeks long-term capital appreciation with reduced volatility during market declines. WBIG was launched on Aug 27, 2014 and is managed by WBI Shares.