Short Interest in Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Grows By 86.3%

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 8,117 shares, a growth of 86.3% from the August 15th total of 4,356 shares. Based on an average trading volume of 31,840 shares, the short-interest ratio is presently 0.3 days. Currently, 0.6% of the company’s shares are short sold.

Global X MLP & Energy Infrastructure Covered Call ETF Stock Performance

Global X MLP & Energy Infrastructure Covered Call ETF stock traded up $0.25 during mid-day trading on Thursday, hitting $25.16. The company’s stock had a trading volume of 9,617 shares, compared to its average volume of 15,518. The company has a 50 day moving average of $25.02 and a 200-day moving average of $25.20. The stock has a market cap of $50.29 million, a PE ratio of 18.56 and a beta of 0.03. Global X MLP & Energy Infrastructure Covered Call ETF has a one year low of $24.25 and a one year high of $25.95.

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.