Short Interest in Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) Increases By 155.2%

Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 17,874 shares, an increase of 155.2% from the April 30th total of 7,005 shares. Based on an average daily volume of 34,735 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Brookmont Catastrophic Bond ETF stock. Farther Finance Advisors LLC acquired a new position in Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,115 shares of the company’s stock, valued at approximately $222,000. Farther Finance Advisors LLC owned approximately 0.62% of Brookmont Catastrophic Bond ETF as of its most recent SEC filing.

Brookmont Catastrophic Bond ETF Stock Up 0.1%

NYSEARCA:ILS traded up $0.02 during midday trading on Monday, hitting $19.88. The stock had a trading volume of 33,097 shares, compared to its average volume of 50,298. Brookmont Catastrophic Bond ETF has a one year low of $19.66 and a one year high of $20.63. The stock has a 50-day moving average of $19.85 and a 200 day moving average of $20.04.

About Brookmont Catastrophic Bond ETF

ETF Opportunities Trust – Brookmont Catastrophic Bond ETF is an exchange traded fund by ETF Opportunities Trust. The fund is co-managed by Brookmont Capital Management, LLC and King Ridge Capital Advisors LLC. It invests in fixed income markets of global region. The fund invests in high yield catastrophe bonds, insurance-linked securities and non-U.S. reinsurance-related securities which includes non-U.S. sovereigns and non-U.S. entities, including insurance companies, reinsurers, corporations, partnerships, trusts, and other types of business entities.