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

Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 6,336 shares, a growth of 138.5% from the June 30th total of 2,657 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 29,579 shares, the days-to-cover ratio is presently 0.2 days.

Brookmont Catastrophic Bond ETF Trading Up 0.2%

Shares of NYSEARCA:ILS traded up $0.03 during trading hours on Thursday, hitting $19.86. The company’s stock had a trading volume of 5,199 shares, compared to its average volume of 44,041. The firm’s fifty day moving average price is $19.83 and its 200 day moving average price is $19.92. Brookmont Catastrophic Bond ETF has a 52 week low of $19.64 and a 52 week high of $20.63.

Hedge Funds Weigh In On Brookmont Catastrophic Bond ETF

A hedge fund recently bought a new position in Brookmont Catastrophic Bond ETF stock. Farther Finance Advisors LLC purchased a new stake in Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 11,115 shares of the company’s stock, valued at approximately $222,000. Farther Finance Advisors LLC owned about 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.