Short Interest in Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) Declines By 83.5%

Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 2,239 shares, a drop of 83.5% from the July 30th total of 13,553 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 26,242 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Brookmont Catastrophic Bond ETF stock. Farther Finance Advisors LLC acquired a new stake in Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) in the 4th quarter, according to 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 0.62% of Brookmont Catastrophic Bond ETF at the end of the most recent quarter.

Brookmont Catastrophic Bond ETF Stock Performance

NYSEARCA ILS traded down $0.02 during trading hours on Friday, hitting $20.17. The company had a trading volume of 62,973 shares, compared to its average volume of 44,849. The business has a 50 day moving average of $19.87 and a 200-day moving average of $19.92. Brookmont Catastrophic Bond ETF has a 1-year low of $19.64 and a 1-year high of $20.53.

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.