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

WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 2,386 shares, a decrease of 78.3% from the July 30th total of 11,003 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 1,758 shares, the short-interest ratio is presently 1.4 days.

WBI BullBear Quality 3000 ETF Price Performance

WBI BullBear Quality 3000 ETF stock traded down $0.25 during trading on Friday, reaching $40.89. 3,002 shares of the company were exchanged, compared to its average volume of 3,545. WBI BullBear Quality 3000 ETF has a 52-week low of $32.31 and a 52-week high of $41.82. The company has a market capitalization of $29.85 million, a P/E ratio of 30.00 and a beta of 0.71. The stock’s 50 day simple moving average is $40.04 and its two-hundred day simple moving average is $37.64.

WBI BullBear Quality 3000 ETF Company Profile

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.