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

Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 17,874 shares, an increase of 155.2% from the April 30th total of 7,005 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 34,735 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of 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 Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 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 as of its most recent SEC filing.

Brookmont Catastrophic Bond ETF Trading Up 0.3%

Shares of NYSEARCA:ILS traded up $0.05 on Friday, hitting $19.86. 79,964 shares of the company’s stock were exchanged, compared to its average volume of 50,520. The firm’s 50-day moving average is $19.85 and its 200 day moving average is $20.04. Brookmont Catastrophic Bond ETF has a 1-year low of $19.66 and a 1-year high of $20.63.

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.