Short Interest in Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) Expands By 479.9%

Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 3,166 shares, an increase of 479.9% from the May 31st total of 546 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 26,052 shares, the days-to-cover ratio is presently 0.1 days.

Brookmont Catastrophic Bond ETF Stock Up 0.1%

ILS stock traded up $0.02 during midday trading on Friday, reaching $19.68. 19,452 shares of the company’s stock traded hands, compared to its average volume of 47,333. Brookmont Catastrophic Bond ETF has a 52-week low of $19.64 and a 52-week high of $20.63. The stock’s 50-day moving average is $19.87 and its 200 day moving average is $19.99.

Hedge Funds Weigh In On Brookmont Catastrophic Bond ETF

A hedge fund recently bought a new stake in Brookmont Catastrophic Bond ETF stock. Farther Finance Advisors LLC bought a new stake in shares of Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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 filing with the Securities and Exchange Commission (SEC).

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.