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

WBI BullBear Value 3000 ETF (NYSEARCA:WBIF) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 3,193 shares, an increase of 5,705.5% from the April 30th total of 55 shares. Based on an average trading volume of 1,641 shares, the short-interest ratio is presently 1.9 days. Currently, 0.5% of the company’s stock are short sold.

WBI BullBear Value 3000 ETF Trading Down 0.8%

Shares of NYSEARCA:WBIF opened at $33.39 on Thursday. WBI BullBear Value 3000 ETF has a 1 year low of $27.73 and a 1 year high of $33.80. The business has a fifty day simple moving average of $32.26 and a 200 day simple moving average of $31.86. The firm has a market cap of $23.37 million, a price-to-earnings ratio of 19.28 and a beta of 0.59.

WBI BullBear Value 3000 ETF Company Profile

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.