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

WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 817 shares, a decrease of 45.7% from the April 15th total of 1,504 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 921 shares, the days-to-cover ratio is currently 0.9 days.

WBI BullBear Quality 3000 ETF Trading Down 0.9%

NYSEARCA WBIL traded down $0.33 on Friday, hitting $36.35. 188 shares of the company were exchanged, compared to its average volume of 2,611. The company has a market cap of $29.08 million, a PE ratio of 30.00 and a beta of 0.69. WBI BullBear Quality 3000 ETF has a 12 month low of $30.60 and a 12 month high of $36.93. The stock has a fifty day moving average of $35.16 and a 200-day moving average of $35.28.

About WBI BullBear Quality 3000 ETF

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.