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

WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 52 shares, a drop of 91.8% from the May 31st total of 636 shares. Based on an average daily trading volume, of 6,542 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

WBI BullBear Yield 3000 ETF Price Performance

WBIG remained flat at $25.66 during midday trading on Friday. 1,142 shares of the company’s stock traded hands, compared to its average volume of 3,749. The firm has a market cap of $28.74 million, a price-to-earnings ratio of 13.31 and a beta of 0.58. The firm has a 50 day moving average of $24.81 and a 200-day moving average of $24.21. WBI BullBear Yield 3000 ETF has a 1-year low of $21.65 and a 1-year high of $25.92.

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.