Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) Shares Shorted: Short Interest Up 57.9% in September

Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 633 shares, an increase of 57.9% from the September 15th total of 401 shares. Based on an average trading volume of 406 shares, the short-interest ratio is currently 1.6 days. Currently, 0.4% of the shares of the company are short sold.

Global X Intermediate-Term Treasury Ladder ETF Price Performance

Shares of Global X Intermediate-Term Treasury Ladder ETF stock traded up $0.05 on Friday, hitting $47.06. The stock had a trading volume of 77 shares, compared to its average volume of 332. Global X Intermediate-Term Treasury Ladder ETF has a twelve month low of $46.53 and a twelve month high of $50.28. The business’s 50 day moving average is $47.42 and its two-hundred day moving average is $48.21.

About Global X Intermediate-Term Treasury Ladder ETF

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.