Short Interest in Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Expands By 30.2%

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 7,654 shares, an increase of 30.2% from the March 31st total of 5,877 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average trading volume of 17,722 shares, the short-interest ratio is presently 0.4 days.

Global X MLP & Energy Infrastructure Covered Call ETF Stock Down 0.2%

Shares of MLPD traded down $0.04 during trading hours on Wednesday, reaching $25.19. 13,516 shares of the company traded hands, compared to its average volume of 18,437. The stock has a market capitalization of $28.97 million, a PE ratio of 18.56 and a beta of 0.15. Global X MLP & Energy Infrastructure Covered Call ETF has a fifty-two week low of $23.81 and a fifty-two week high of $25.95. The stock has a fifty day simple moving average of $25.48 and a 200 day simple moving average of $25.28.

About Global X MLP & Energy Infrastructure Covered Call ETF

The Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) is an exchange-traded fund that is based on the CBOE MLPX ATM BuyWrite index. The fund tracks an index of long positions in the Global X MLP & Energy Infrastructure ETF (MLPX) and writes one-month, at-the-money call options on up to 100% of the underlying portfolio. MLPD was launched on May 7, 2024 and is issued by Global X.