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

Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,202 shares, a drop of 94.7% from the September 30th total of 22,802 shares. Based on an average daily volume of 331 shares, the days-to-cover ratio is presently 3.6 days. Currently, 0.1% of the shares of the stock are sold short.

Global X Long-Term Treasury Ladder ETF Stock Up 0.3%

LLDR stock traded up $0.14 during mid-day trading on Monday, reaching $42.63. 121 shares of the company traded hands, compared to its average volume of 321. Global X Long-Term Treasury Ladder ETF has a 52-week low of $40.30 and a 52-week high of $47.41. The company has a fifty day moving average price of $42.17 and a 200-day moving average price of $44.22.

Global X Long-Term Treasury Ladder ETF Company Profile

The Global X Long-Term Treasury Ladder ETF (LLDR) 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, through a laddering method. By rotating investments annually between 20 maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on long-term government bonds LLDR was launched on Sep 9, 2024 and is issued by Global X.