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 June. As of June 15th, there was short interest totaling 3,166 shares, a growth of 479.9% from the May 31st total of 546 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 26,052 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Brookmont Catastrophic Bond ETF

An institutional investor recently bought a new stake in Brookmont Catastrophic Bond ETF stock. Farther Finance Advisors LLC bought a new stake in Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) in the fourth quarter, according to the company in 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 about 0.62% of Brookmont Catastrophic Bond ETF at the end of the most recent quarter.

Brookmont Catastrophic Bond ETF Price Performance

ILS stock remained flat at $19.66 during trading on Friday. 35,562 shares of the company traded hands, compared to its average volume of 47,467. Brookmont Catastrophic Bond ETF has a 12-month low of $19.64 and a 12-month high of $20.63. The stock has a 50 day moving average of $19.87 and a 200 day moving average of $19.99.

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.