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

Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 5,972 shares, an increase of 166.7% from the August 15th total of 2,239 shares. Based on an average daily volume of 76,216 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Brookmont Catastrophic Bond ETF Trading Down 0.1%

ILS stock opened at $20.35 on Friday. Brookmont Catastrophic Bond ETF has a fifty-two week low of $19.64 and a fifty-two week high of $20.53. The stock has a fifty day moving average of $19.98 and a 200-day moving average of $19.94.

Brookmont Catastrophic Bond ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 24th were given a $0.4053 dividend. This represents a $1.62 annualized dividend and a dividend yield of 8.0%. This is an increase from Brookmont Catastrophic Bond ETF’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Wednesday, June 24th.

Brookmont Catastrophic Bond ETF Company Profile

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.