Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) Sees Large Decline in Short Interest

Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 429 shares, a drop of 41.2% from the May 14th total of 729 shares. Based on an average daily volume of 243 shares, the short-interest ratio is presently 1.8 days. Currently, 0.2% of the company’s shares are sold short.

Global X Intermediate-Term Treasury Ladder ETF Stock Up 0.2%

Global X Intermediate-Term Treasury Ladder ETF stock opened at $48.71 on Wednesday. Global X Intermediate-Term Treasury Ladder ETF has a 12-month low of $48.13 and a 12-month high of $50.28. The firm’s 50-day moving average is $48.79 and its two-hundred day moving average is $49.32.

Global X Intermediate-Term Treasury Ladder ETF Company Profile

The Global X Intermediate-Term Treasury Ladder ETF (MLDR) 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, employing a bond laddering strategy. By rotating investments annually between seven maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on medium-term government bonds MLDR was launched on Sep 9, 2024 and is issued by Global X.