Short Interest in WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) Drops By 93.1%

WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 56 shares, a drop of 93.1% from the April 30th total of 817 shares. Based on an average daily trading volume, of 1,604 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

WBI BullBear Quality 3000 ETF Trading Down 0.7%

Shares of NYSEARCA WBIL traded down $0.27 during midday trading on Wednesday, reaching $38.55. 1,920 shares of the company were exchanged, compared to its average volume of 2,569. WBI BullBear Quality 3000 ETF has a 1 year low of $30.96 and a 1 year high of $38.82. The stock has a fifty day simple moving average of $35.50 and a 200 day simple moving average of $35.39. The stock has a market cap of $30.84 million, a P/E ratio of 30.00 and a beta of 0.69.

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.