Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD – Get Free Report) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 7,069 shares, a drop of 45.3% from the January 15th total of 12,935 shares. Based on an average trading volume of 17,318 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.1% of the shares of the company are short sold. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 17,318 shares, the days-to-cover ratio is currently 0.4 days.
Global X MLP & Energy Infrastructure Covered Call ETF Stock Performance
NYSEARCA MLPD traded up $0.02 during trading on Friday, hitting $25.50. 23,532 shares of the company’s stock traded hands, compared to its average volume of 14,524. The stock has a market capitalization of $16.07 million, a price-to-earnings ratio of 18.56 and a beta of 0.25. Global X MLP & Energy Infrastructure Covered Call ETF has a 12-month low of $21.30 and a 12-month high of $25.92. The business has a 50 day moving average of $25.30 and a 200-day moving average of $25.27.
Global X MLP & Energy Infrastructure Covered Call ETF Cuts Dividend
The firm also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were issued a $0.2504 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 11.8%.
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.
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