WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) Shares Shorted: Short Interest Up 5,375.0% in October

WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 7,446 shares, a growth of 5,375.0% from the October 15th total of 136 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 4,057 shares, the short-interest ratio is presently 1.8 days.

WBI BullBear Yield 3000 ETF Stock Performance

Shares of NYSEARCA:WBIG opened at $25.89 on Wednesday. The stock has a 50-day simple moving average of $26.30 and a 200-day simple moving average of $25.32. The stock has a market capitalization of $30.81 million, a P/E ratio of 13.31 and a beta of 0.56. WBI BullBear Yield 3000 ETF has a 1 year low of $22.79 and a 1 year high of $27.46.

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.