Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Short Interest Up 86.3% in August

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 8,117 shares, an increase of 86.3% from the August 15th total of 4,356 shares. Based on an average trading volume of 31,840 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.6% of the shares of the stock are sold short.

Global X MLP & Energy Infrastructure Covered Call ETF Stock Down 0.5%

Shares of NYSEARCA:MLPD opened at $25.07 on Wednesday. Global X MLP & Energy Infrastructure Covered Call ETF has a 52-week low of $24.25 and a 52-week high of $25.95. The stock’s fifty day simple moving average is $25.02 and its 200-day simple moving average is $25.20. The company has a market capitalization of $31.34 million, a P/E ratio of 18.56 and a beta of 0.03.

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.