WBI BullBear Value 3000 ETF (NYSEARCA:WBIF) Sees Large Drop in Short Interest

WBI BullBear Value 3000 ETF (NYSEARCA:WBIF – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 406 shares, a drop of 63.0% from the September 30th total of 1,097 shares. Based on an average daily volume of 1,738 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

WBI BullBear Value 3000 ETF Trading Up 0.3%

Shares of NYSEARCA WBIF traded up $0.11 during midday trading on Thursday, hitting $36.66. 5,774 shares of the company’s stock were exchanged, compared to its average volume of 2,892. The company has a market cap of $23.46 million, a price-to-earnings ratio of 19.28 and a beta of 0.58. WBI BullBear Value 3000 ETF has a 12-month low of $29.87 and a 12-month high of $37.26. The business’s fifty day moving average price is $36.13 and its two-hundred day moving average price is $34.14.

About WBI BullBear Value 3000 ETF

(Get Free Report)

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.

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