Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD – Get Free Report) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 5,877 shares, a decline of 20.9% from the March 15th total of 7,427 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 39,001 shares, the short-interest ratio is currently 0.2 days.
Global X MLP & Energy Infrastructure Covered Call ETF Stock Performance
NYSEARCA MLPD traded up $0.10 on Thursday, reaching $25.08. 11,156 shares of the company’s stock traded hands, compared to its average volume of 19,148. The firm has a market cap of $28.59 million, a price-to-earnings ratio of 18.56 and a beta of 0.15. The stock has a 50 day moving average price of $25.58 and a 200-day moving average price of $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.
Global X MLP & Energy Infrastructure Covered Call ETF Increases Dividend
The business also recently announced a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Monday, February 23rd were paid a dividend of $0.2573 per share. This is an increase from Global X MLP & Energy Infrastructure Covered Call ETF’s previous monthly dividend of $0.25. This represents a c) dividend on an annualized basis and a dividend yield of 12.3%. The ex-dividend date of this dividend was Monday, February 23rd.
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.
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