Short Interest in WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) Drops By 93.1%

WBI BullBear Quality 3000 ETF (NYSEARCA:WBIL) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 56 shares, a drop of 93.1% from the April 30th total of 817 shares. Based on an average trading volume of 1,604 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

WBI BullBear Quality 3000 ETF Stock Up 1.2%

WBIL traded up $0.48 during trading hours on Friday, hitting $39.58. The stock had a trading volume of 10,989 shares, compared to its average volume of 2,652. The company’s fifty day simple moving average is $35.77 and its 200 day simple moving average is $35.48. WBI BullBear Quality 3000 ETF has a 1 year low of $30.96 and a 1 year high of $39.58. The stock has a market cap of $31.66 million, a PE ratio of 30.00 and a beta of 0.69.

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.