Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Short Interest Update

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 23,164 shares, a growth of 152.3% from the June 30th total of 9,180 shares. Approximately 1.9% of the shares of the company are sold short. Based on an average trading volume of 8,378 shares, the days-to-cover ratio is presently 2.8 days.

Global X MLP & Energy Infrastructure Covered Call ETF Trading Down 1.2%

Shares of Global X MLP & Energy Infrastructure Covered Call ETF stock traded down $0.31 during trading on Monday, reaching $24.79. The company’s stock had a trading volume of 54,526 shares, compared to its average volume of 15,324. The company has a 50-day moving average price of $25.08 and a two-hundred day moving average price of $25.29. The firm has a market cap of $29.50 million, a PE ratio of 18.56 and a beta of 0.02. Global X MLP & Energy Infrastructure Covered Call ETF has a fifty-two week low of $24.30 and a fifty-two week high of $25.95.

Global X MLP & Energy Infrastructure Covered Call ETF Company Profile

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.