Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) Stock Short Interest Falls 94.7%

Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,202 shares, a drop of 94.7% from the September 30th total of 22,802 shares. Based on an average daily volume of 331 shares, the short-interest ratio is currently 3.6 days. Currently, 0.1% of the shares of the company are sold short.

Global X Long-Term Treasury Ladder ETF Price Performance

NYSEARCA LLDR traded down $0.04 during trading on Tuesday, reaching $42.59. 121 shares of the company’s stock were exchanged, compared to its average volume of 321. The business has a 50 day moving average price of $42.17 and a 200-day moving average price of $44.22. Global X Long-Term Treasury Ladder ETF has a fifty-two week low of $40.30 and a fifty-two week high of $47.41.

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.