Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Short Interest Update

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 5,877 shares, a decrease of 20.9% from the March 15th total of 7,427 shares. Based on an average trading volume of 39,001 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.5% of the company’s shares are sold short.

Global X MLP & Energy Infrastructure Covered Call ETF Price Performance

Shares of MLPD stock traded up $0.10 during trading hours on Thursday, hitting $25.08. The company had a trading volume of 11,156 shares, compared to its average volume of 19,148. The company’s fifty day moving average is $25.58 and its 200 day moving average is $25.33. Global X MLP & Energy Infrastructure Covered Call ETF has a fifty-two week low of $23.37 and a fifty-two week high of $25.95. The stock has a market capitalization of $28.59 million, a PE ratio of 18.56 and a beta of 0.15.

Global X MLP & Energy Infrastructure Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Monday, February 23rd were given a $0.2573 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 12.3%. This is a boost from Global X MLP & Energy Infrastructure Covered Call ETF’s previous monthly dividend of $0.25.

Global X MLP & Energy Infrastructure Covered Call ETF Company Profile

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.