WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) Sees Significant Drop in Short Interest

WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 4 shares, a drop of 92.3% from the June 15th total of 52 shares. Based on an average daily trading volume, of 1,172 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

WBI BullBear Yield 3000 ETF Price Performance

Shares of NYSEARCA:WBIG traded up $0.12 during midday trading on Friday, hitting $25.97. 477 shares of the company’s stock were exchanged, compared to its average volume of 3,530. WBI BullBear Yield 3000 ETF has a 12 month low of $21.65 and a 12 month high of $26.09. The company has a market cap of $27.53 million, a PE ratio of 13.31 and a beta of 0.57. The stock has a 50 day moving average price of $25.17 and a 200-day moving average price of $24.39.

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.