Short Interest in Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Increases By 152.3%

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 23,164 shares, an increase of 152.3% from the June 30th total of 9,180 shares. Based on an average trading volume of 8,378 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.9% of the company’s stock are short sold.

Global X MLP & Energy Infrastructure Covered Call ETF Price Performance

Global X MLP & Energy Infrastructure Covered Call ETF stock traded up $0.04 during trading hours on Wednesday, hitting $24.68. The company had a trading volume of 5,377 shares, compared to its average volume of 15,234. Global X MLP & Energy Infrastructure Covered Call ETF has a fifty-two week low of $24.30 and a fifty-two week high of $25.95. The firm has a market capitalization of $29.37 million, a P/E ratio of 18.56 and a beta of 0.02. The firm’s fifty day moving average is $25.06 and its 200-day moving average is $25.29.

About Global X MLP & Energy Infrastructure Covered Call ETF

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.