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

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

Brookmont Catastrophic Bond ETF Price Performance

ILS remained flat at $19.83 on Wednesday. 15,821 shares of the company were exchanged, compared to its average volume of 44,313. The firm has a 50 day moving average of $19.83 and a two-hundred day moving average of $19.92. Brookmont Catastrophic Bond ETF has a 12-month low of $19.64 and a 12-month high of $20.63.

Institutional Investors Weigh In On Brookmont Catastrophic Bond ETF

An institutional investor recently bought a new position in Brookmont Catastrophic Bond ETF stock. Farther Finance Advisors LLC purchased a new stake in shares of Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 11,115 shares of the company’s stock, valued at approximately $222,000. Farther Finance Advisors LLC owned approximately 0.62% of Brookmont Catastrophic Bond ETF as of its most recent filing with the 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.