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

Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 3,094 shares, an increase of 355.7% from the January 29th total of 679 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 584 shares, the days-to-cover ratio is currently 5.3 days. Based on an average daily trading volume, of 584 shares, the days-to-cover ratio is currently 5.3 days. Approximately 0.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Global X Long-Term Treasury Ladder ETF stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 25,000 shares of the company’s stock, valued at approximately $1,157,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 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 Down 0.0%

NYSEARCA LLDR opened at $46.71 on Thursday. Global X Long-Term Treasury Ladder ETF has a twelve month low of $43.66 and a twelve month high of $48.13. The stock has a 50-day moving average of $45.87 and a 200 day moving average of $46.07.

Global X Long-Term Treasury Ladder ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.172 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Global X Long-Term Treasury Ladder ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.