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 in 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 volume of 6,542 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

WBI BullBear Yield 3000 ETF Stock Performance

WBIG traded up $0.09 on Thursday, hitting $25.66. The company had a trading volume of 1,142 shares, compared to its average volume of 3,749. The stock has a market capitalization of $28.74 million, a price-to-earnings ratio of 13.31 and a beta of 0.58. The stock has a fifty day moving average price of $24.81 and a 200-day moving average price of $24.21. WBI BullBear Yield 3000 ETF has a 12-month low of $21.65 and a 12-month high of $25.92.

About WBI BullBear Yield 3000 ETF

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.