Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) Sees Significant Decrease in Short Interest

Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 133 shares, a decrease of 99.1% from the July 15th total of 15,629 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 90 shares, the days-to-cover ratio is presently 1.5 days.

Global X Long-Term Treasury Ladder ETF Stock Performance

Shares of NYSEARCA:LLDR remained flat at $43.07 during midday trading on Wednesday. 12 shares of the company were exchanged, compared to its average volume of 284. Global X Long-Term Treasury Ladder ETF has a 52 week low of $43.02 and a 52 week high of $47.45. The stock has a 50-day simple moving average of $44.16 and a 200 day simple moving average of $44.89.

Hedge Funds Weigh In On Global X Long-Term Treasury Ladder ETF

An institutional investor recently bought a new position in Global X Long-Term Treasury Ladder ETF stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 25,000 shares of the company’s stock, valued at approximately $1,157,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 3.47% of Global X Long-Term Treasury Ladder ETF at the end of the most recent quarter.

Global X Long-Term Treasury Ladder ETF Company Profile

The Global X Long-Term Treasury Ladder ETF (LLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury bonds maturing in 3 to 10 years, through a laddering method. By rotating investments annually between 20 maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on long-term government bonds LLDR was launched on Sep 9, 2024 and is issued by Global X.