Brookmont Catastrophic Bond ETF (NYSEARCA:ILS) Short Interest Update
by Danessa Lincoln · The Markets DailyBrookmont Catastrophic Bond ETF (NYSEARCA:ILS – Get Free Report) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 5,972 shares, a growth of 166.7% from the August 15th total of 2,239 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 76,216 shares, the days-to-cover ratio is currently 0.1 days.
Brookmont Catastrophic Bond ETF Price Performance
NYSEARCA:ILS traded down $0.04 on Tuesday, hitting $20.39. The company had a trading volume of 5,546 shares, compared to its average volume of 47,355. The firm has a 50 day moving average of $20.00 and a two-hundred day moving average of $19.94. Brookmont Catastrophic Bond ETF has a 52 week low of $19.64 and a 52 week high of $20.53.
Brookmont Catastrophic Bond ETF Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 24th were paid a $0.4053 dividend. This represents a $1.62 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date was Wednesday, June 24th. This is a positive change from Brookmont Catastrophic Bond ETF’s previous quarterly dividend of $0.40.
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.