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 increase in short interest in July. As of July 15th, there was short interest totaling 23,164 shares, an increase of 152.3% from the June 30th total of 9,180 shares. Based on an average daily volume of 8,378 shares, the short-interest ratio is currently 2.8 days. Approximately 1.9% of the shares of the stock are sold short.

Global X MLP & Energy Infrastructure Covered Call ETF Trading Down 0.6%

NYSEARCA MLPD traded down $0.15 on Tuesday, hitting $24.64. 12,521 shares of the company’s stock were exchanged, compared to its average volume of 15,304. The stock has a 50-day moving average of $25.07 and a 200-day moving average of $25.29. The stock has a market cap of $29.32 million, a price-to-earnings ratio of 18.56 and a beta of 0.02. Global X MLP & Energy Infrastructure Covered Call ETF has a 52 week low of $24.30 and a 52 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.