WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) Sees Significant Decrease in Short Interest

WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 80 shares, a decrease of 46.3% from the June 30th total of 149 shares. Based on an average daily volume of 534 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

WBI BullBear Quality 3000 ETF Stock Up 0.3%

Shares of NYSEARCA:WBIL traded up $0.13 during midday trading on Friday, reaching $39.80. The company’s stock had a trading volume of 3,745 shares, compared to its average volume of 3,833. The firm has a market cap of $29.05 million, a price-to-earnings ratio of 30.00 and a beta of 0.71. WBI BullBear Quality 3000 ETF has a 1 year low of $32.14 and a 1 year high of $40.82. The business has a 50 day moving average price of $39.49 and a 200 day moving average price of $36.90.

About WBI BullBear Quality 3000 ETF

The WBI BullBear Quality 3000 ETF (WBIL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that invests primarily in global equity securities. The fund can also invest its assets in nearly anything the manager deems tactical. WBIL was launched on Sep 3, 2014 and is managed by WBI Shares.