WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) Sees Large Decrease in Short Interest

WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,090 shares, a decrease of 91.3% from the August 15th total of 12,539 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 1,407 shares, the short-interest ratio is currently 0.8 days.

WBI BullBear Yield 3000 ETF Stock Up 0.5%

WBI BullBear Yield 3000 ETF stock traded up $0.12 during midday trading on Friday, hitting $26.45. 483 shares of the stock were exchanged, compared to its average volume of 5,980. WBI BullBear Yield 3000 ETF has a 52-week low of $22.63 and a 52-week high of $27.46. The stock has a market capitalization of $31.73 million, a price-to-earnings ratio of 13.31 and a beta of 0.57. The business’s 50-day moving average price is $26.51 and its 200-day moving average price is $25.21.

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.