Short Interest in Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) Decreases By 43.2%

Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR – Get Free Report) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 729 shares, a drop of 43.2% from the April 30th total of 1,284 shares. Based on an average trading volume of 678 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.4% of the company’s shares are sold short.

Global X Intermediate-Term Treasury Ladder ETF Price Performance

Global X Intermediate-Term Treasury Ladder ETF stock opened at $48.47 on Thursday. The company’s 50 day simple moving average is $48.88 and its 200 day simple moving average is $49.40. Global X Intermediate-Term Treasury Ladder ETF has a fifty-two week low of $48.13 and a fifty-two week high of $50.28.

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Global X Intermediate-Term Treasury Ladder ETF Company Profile

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The Global X Intermediate-Term Treasury Ladder ETF (MLDR) 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, employing a bond laddering strategy. By rotating investments annually between seven maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on medium-term government bonds MLDR was launched on Sep 9, 2024 and is issued by Global X.

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