Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Sees Large Increase in Short Interest

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPDGet Free Report) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 7,654 shares, an increase of 30.2% from the March 31st total of 5,877 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 17,722 shares, the days-to-cover ratio is currently 0.4 days.

Global X MLP & Energy Infrastructure Covered Call ETF Stock Down 0.6%

Shares of NYSEARCA:MLPD traded down $0.15 during trading on Friday, reaching $25.22. The stock had a trading volume of 906 shares, compared to its average volume of 18,219. The stock has a fifty day simple moving average of $25.47 and a two-hundred day simple moving average of $25.28. The firm has a market capitalization of $29.00 million, a price-to-earnings ratio of 18.56 and a beta of 0.15. Global X MLP & Energy Infrastructure Covered Call ETF has a 52 week low of $23.99 and a 52 week high of $25.95.

About Global X MLP & Energy Infrastructure Covered Call ETF

(Get Free Report)

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.

Read More

Receive News & Ratings for Global X MLP & Energy Infrastructure Covered Call ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X MLP & Energy Infrastructure Covered Call ETF and related companies with MarketBeat.com's FREE daily email newsletter.