Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) Sees Large Increase in Short Interest

Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 5,972 shares, a growth of 166.7% from the August 15th total of 2,239 shares. Based on an average daily volume of 76,216 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Brookmont Catastrophic Bond ETF Stock Down 0.1%

ILS stock opened at $20.35 on Friday. The business has a 50 day moving average of $19.98 and a 200-day moving average of $19.94. Brookmont Catastrophic Bond ETF has a 12-month low of $19.64 and a 12-month high of $20.53.

Brookmont Catastrophic Bond ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 24th were paid a dividend of $0.4053 per share. This represents a $1.62 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date was Wednesday, June 24th. This is a positive change from Brookmont Catastrophic Bond ETF’s previous quarterly dividend of $0.40.

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.