Short Interest in WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) Increases By 453.0%

WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 636 shares, an increase of 453.0% from the May 14th total of 115 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 3,168 shares, the days-to-cover ratio is currently 0.2 days.

WBI BullBear Yield 3000 ETF Stock Performance

Shares of NYSEARCA:WBIG traded down $0.09 during mid-day trading on Wednesday, hitting $25.12. 25,595 shares of the company traded hands, compared to its average volume of 3,972. The firm has a market cap of $28.13 million, a P/E ratio of 13.31 and a beta of 0.58. WBI BullBear Yield 3000 ETF has a 52-week low of $21.50 and a 52-week high of $25.65. The firm’s 50 day simple moving average is $24.37 and its 200 day simple moving average is $24.02.

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.