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

WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 80 shares, a drop of 46.3% from the June 30th total of 149 shares. Based on an average daily trading volume, of 534 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

WBI BullBear Quality 3000 ETF Trading Down 0.9%

WBI BullBear Quality 3000 ETF stock traded down $0.35 on Wednesday, reaching $39.64. 11,845 shares of the stock were exchanged, compared to its average volume of 3,822. WBI BullBear Quality 3000 ETF has a twelve month low of $32.14 and a twelve month high of $40.82. The firm has a fifty day moving average price of $39.39 and a two-hundred day moving average price of $36.84. The stock has a market cap of $30.13 million, a PE ratio of 30.00 and a beta of 0.71.

About WBI BullBear Quality 3000 ETF

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.