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

Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 546 shares, a decline of 96.9% from the May 14th total of 17,874 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 55,178 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Brookmont Catastrophic Bond ETF

A hedge fund recently bought a new stake in Brookmont Catastrophic Bond ETF stock. Farther Finance Advisors LLC acquired a new stake in Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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 SEC filing.

Brookmont Catastrophic Bond ETF Price Performance

NYSEARCA ILS traded up $0.03 on Tuesday, hitting $19.93. 8,791 shares of the company traded hands, compared to its average volume of 49,382. The business’s 50 day moving average price is $19.84 and its 200-day moving average price is $20.03. Brookmont Catastrophic Bond ETF has a 52-week low of $19.66 and a 52-week 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.