Short Interest in Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Rises By 135.4%

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 5,939 shares, a growth of 135.4% from the April 30th total of 2,523 shares. Based on an average daily volume of 10,283 shares, the short-interest ratio is currently 0.6 days. Approximately 0.5% of the company’s shares are short sold.

Global X MLP & Energy Infrastructure Covered Call ETF Stock Up 0.5%

MLPD stock traded up $0.12 during trading on Monday, hitting $24.73. The company had a trading volume of 4,789 shares, compared to its average volume of 17,142. The firm has a 50-day moving average price of $25.32 and a 200-day moving average price of $25.36. Global X MLP & Energy Infrastructure Covered Call ETF has a 12 month low of $24.30 and a 12 month high of $25.95. The stock has a market cap of $28.44 million, a price-to-earnings ratio of 18.56 and a beta of 0.08.

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.