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

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

WBI BullBear Yield 3000 ETF Trading Down 0.3%

Shares of NYSEARCA:WBIG traded down $0.08 during midday trading on Thursday, hitting $26.32. The stock had a trading volume of 1,035 shares, compared to its average volume of 6,012. WBI BullBear Yield 3000 ETF has a 1 year low of $22.63 and a 1 year high of $27.46. The stock has a 50 day moving average price of $26.51 and a two-hundred day moving average price of $25.21. The company has a market capitalization of $31.58 million, a PE ratio of 13.31 and a beta of 0.57.

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.