Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) Sees Significant Increase in Short Interest

Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 79 shares, an increase of 154.8% from the July 15th total of 31 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 65 shares, the days-to-cover ratio is currently 1.2 days.

Global X Intermediate-Term Treasury Ladder ETF Stock Down 0.2%

Shares of Global X Intermediate-Term Treasury Ladder ETF stock opened at $48.17 on Friday. The business has a fifty day simple moving average of $48.37 and a 200-day simple moving average of $48.91. Global X Intermediate-Term Treasury Ladder ETF has a 12 month low of $48.02 and a 12 month high of $50.28.

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.