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

Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 1,820 shares, a decline of 20.7% from the March 31st total of 2,294 shares. Based on an average daily volume of 72 shares, the days-to-cover ratio is currently 25.3 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Global X Long-Term Treasury Ladder ETF stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 25,000 shares of the company’s stock, valued at approximately $1,157,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 3.47% of Global X Long-Term Treasury Ladder ETF as of its most recent SEC filing.

Global X Long-Term Treasury Ladder ETF Stock Up 0.1%

LLDR traded up $0.04 on Friday, hitting $44.63. The company had a trading volume of 36 shares, compared to its average volume of 299. Global X Long-Term Treasury Ladder ETF has a 1-year low of $43.66 and a 1-year high of $47.45. The company’s fifty day moving average price is $45.45 and its 200 day moving average price is $45.91.

About Global X Long-Term Treasury Ladder ETF

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.