WBI Power Factor High Dividend ETF (NYSE:WBIY) Stock Short Interest Rises 209.8%

WBI Power Factor High Dividend ETF (NYSE:WBIY) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 1,899 shares, a growth of 209.8% from the September 30th total of 613 shares. Based on an average trading volume of 5,251 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

WBI Power Factor High Dividend ETF Stock Up 0.8%

NYSE:WBIY traded up $0.28 during trading hours on Friday, reaching $36.95. 2,349 shares of the company’s stock were exchanged, compared to its average volume of 7,623. The firm has a market capitalization of $62.07 million, a price-to-earnings ratio of 8.41 and a beta of 0.84. WBI Power Factor High Dividend ETF has a 1-year low of $30.15 and a 1-year high of $39.23. The company has a 50-day moving average of $36.68 and a 200 day moving average of $35.36.

About WBI Power Factor High Dividend ETF

The WBI Power Factor High Dividend ETF (WBIY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 50 US firms selected for high forecasted dividend yield and strong fundamental factors. Holdings are weighted by forecasted dividend yield. WBIY was launched on Dec 19, 2016 and is managed by WBI Shares.