WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) Sees Large Decline in Short Interest

WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 940 shares, a decrease of 60.6% from the August 15th total of 2,386 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,104 shares, the days-to-cover ratio is presently 0.9 days.

WBI BullBear Quality 3000 ETF Trading Up 1.1%

Shares of WBIL stock opened at $39.83 on Friday. WBI BullBear Quality 3000 ETF has a 12-month low of $32.84 and a 12-month high of $41.82. The business’s 50 day moving average is $40.18 and its two-hundred day moving average is $37.96. The company has a market capitalization of $29.08 million, a P/E ratio of 30.00 and a beta of 0.71.

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.