Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Short Interest Down 45.4% in May

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 3,241 shares, a drop of 45.4% from the May 14th total of 5,939 shares. Based on an average trading volume of 15,240 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are short sold.

Global X MLP & Energy Infrastructure Covered Call ETF Price Performance

Shares of MLPD stock traded up $0.10 during trading hours on Friday, reaching $25.34. The stock had a trading volume of 5,730 shares, compared to its average volume of 16,390. Global X MLP & Energy Infrastructure Covered Call ETF has a twelve month low of $24.30 and a twelve month high of $25.95. The firm has a 50-day simple moving average of $25.22 and a 200-day simple moving average of $25.36. The firm has a market capitalization of $29.14 million, a PE ratio of 18.56 and a beta of 0.03.

About Global X MLP & Energy Infrastructure Covered Call ETF

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.