Short Interest in Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Increases By 209.8%

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 10,039 shares, an increase of 209.8% from the May 31st total of 3,241 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 8,728 shares, the short-interest ratio is currently 1.2 days.

Global X MLP & Energy Infrastructure Covered Call ETF Price Performance

MLPD stock traded up $0.02 on Friday, reaching $24.98. The company’s stock had a trading volume of 7,482 shares, compared to its average volume of 15,911. Global X MLP & Energy Infrastructure Covered Call ETF has a 52 week low of $24.30 and a 52 week high of $25.95. The company has a market capitalization of $28.73 million, a P/E ratio of 18.56 and a beta of 0.03. The firm has a fifty day moving average of $25.13 and a two-hundred day moving average of $25.33.

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.