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

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

WBI BullBear Yield 3000 ETF Stock Performance

WBIG traded up $0.34 on Thursday, hitting $25.46. 4,438 shares of the company were exchanged, compared to its average volume of 3,975. The business’s fifty day moving average is $24.45 and its 200 day moving average is $24.05. WBI BullBear Yield 3000 ETF has a fifty-two week low of $21.50 and a fifty-two week high of $25.65. The firm has a market capitalization of $28.52 million, a P/E ratio of 13.31 and a beta of 0.58.

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.