Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD – Get Free Report) was the target of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 7,427 shares, a decrease of 43.2% from the February 26th total of 13,072 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 15,179 shares, the days-to-cover ratio is currently 0.5 days.
Global X MLP & Energy Infrastructure Covered Call ETF Stock Performance
Global X MLP & Energy Infrastructure Covered Call ETF stock traded down $0.19 during trading on Friday, reaching $25.62. The company had a trading volume of 14,534 shares, compared to its average volume of 19,668. The firm’s 50-day simple moving average is $25.54 and its 200 day simple moving average is $25.35. Global X MLP & Energy Infrastructure Covered Call ETF has a 1-year low of $21.30 and a 1-year high of $25.95. The firm has a market capitalization of $16.14 million, a PE ratio of 18.56 and a beta of 0.25.
Global X MLP & Energy Infrastructure Covered Call ETF Increases Dividend
The business also recently announced a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Monday, February 23rd were given a $0.2573 dividend. This represents a c) annualized dividend and a dividend yield of 12.1%. This is a positive change from Global X MLP & Energy Infrastructure Covered Call ETF’s previous monthly dividend of $0.25. The ex-dividend date was Monday, February 23rd.
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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