WBI BullBear Value 3000 ETF (NYSEARCA:WBIF) Short Interest Up 1,034.4% in July

WBI BullBear Value 3000 ETF (NYSEARCA:WBIF) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 2,768 shares, an increase of 1,034.4% from the July 15th total of 244 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 19,610 shares, the short-interest ratio is presently 0.1 days.

WBI BullBear Value 3000 ETF Price Performance

WBI BullBear Value 3000 ETF stock traded up $0.13 during mid-day trading on Tuesday, reaching $37.02. 2,246 shares of the company traded hands, compared to its average volume of 3,444. WBI BullBear Value 3000 ETF has a 52-week low of $29.55 and a 52-week high of $37.10. The firm has a market capitalization of $23.69 million, a price-to-earnings ratio of 19.28 and a beta of 0.59. The firm’s 50 day moving average price is $35.47 and its 200 day moving average price is $33.45.

About WBI BullBear Value 3000 ETF

The WBI BullBear Value 3000 ETF (WBIF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that focuses on global value stocks that pay dividends. The fund seeks long-term capital appreciation with reduced volatility during market declines. WBIF was launched on Aug 27, 2014 and is managed by WBI Shares.