WBI Power Factor High Dividend ETF (NYSEARCA:WBIY) Short Interest Update

WBI Power Factor High Dividend ETF (NYSEARCA:WBIY) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 300 shares, a growth of 200.0% from the August 31st total of 100 shares. Based on an average daily volume of 5,800 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 5,800 shares, the days-to-cover ratio is currently 0.1 days.

WBI Power Factor High Dividend ETF Price Performance

WBIY opened at $31.50 on Friday. The stock’s 50 day simple moving average is $31.11 and its 200 day simple moving average is $29.73. WBI Power Factor High Dividend ETF has a 1 year low of $25.37 and a 1 year high of $32.93. The firm has a market cap of $56.70 million, a price-to-earnings ratio of 8.41 and a beta of 1.20.

WBI Power Factor High Dividend ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Thursday, September 25th were given a dividend of $0.4434 per share. This represents a $1.77 annualized dividend and a yield of 5.6%. The ex-dividend date was Thursday, September 25th.

WBI Power Factor High Dividend ETF Company Profile

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.