Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Short Interest Down 66.3% in July

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 7,814 shares, a decline of 66.3% from the July 15th total of 23,164 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 13,229 shares, the days-to-cover ratio is currently 0.6 days.

Global X MLP & Energy Infrastructure Covered Call ETF Price Performance

Shares of NYSEARCA:MLPD traded up $0.31 during midday trading on Friday, reaching $25.25. The company’s stock had a trading volume of 3,500 shares, compared to its average volume of 14,812. Global X MLP & Energy Infrastructure Covered Call ETF has a fifty-two week low of $24.25 and a fifty-two week high of $25.95. The company has a market capitalization of $31.56 million, a P/E ratio of 18.56 and a beta of 0.03. The business’s fifty day simple moving average is $24.94 and its 200-day simple moving average is $25.24.

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.