WBI BullBear Value 3000 ETF (NYSEARCA:WBIF) Sees Large Growth in Short Interest

WBI BullBear Value 3000 ETF (NYSEARCA:WBIF) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 244 shares, an increase of 197.6% from the June 30th total of 82 shares. Based on an average daily volume of 631 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

WBI BullBear Value 3000 ETF Stock Up 1.6%

NYSEARCA WBIF opened at $36.41 on Wednesday. The company has a market capitalization of $24.03 million, a price-to-earnings ratio of 19.28 and a beta of 0.59. WBI BullBear Value 3000 ETF has a twelve month low of $28.83 and a twelve month high of $36.41. The stock has a fifty day simple moving average of $34.92 and a 200 day simple moving average of $33.12.

WBI BullBear Value 3000 ETF Company Profile

The WBI BullBear Value 3000 ETF (WBIF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that focuses on global value stocks that pay dividends. The fund seeks long-term capital appreciation with reduced volatility during market declines. WBIF was launched on Aug 27, 2014 and is managed by WBI Shares.