Short Interest in WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) Increases By 756.5%

WBI BullBear Yield 3000 ETF (NYSEARCA:WBIG) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 12,539 shares, a growth of 756.5% from the July 30th total of 1,464 shares. Based on an average trading volume of 3,217 shares, the days-to-cover ratio is presently 3.9 days. Approximately 1.0% of the company’s shares are sold short.

WBI BullBear Yield 3000 ETF Stock Performance

Shares of NYSEARCA:WBIG opened at $27.14 on Wednesday. The firm has a 50 day simple moving average of $26.23 and a 200 day simple moving average of $24.99. WBI BullBear Yield 3000 ETF has a 52 week low of $22.43 and a 52 week high of $27.46. The company has a market cap of $32.57 million, a PE ratio of 13.31 and a beta of 0.57.

About WBI BullBear Yield 3000 ETF

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.