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

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 7,654 shares, a growth of 30.2% from the March 31st total of 5,877 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 17,722 shares, the short-interest ratio is presently 0.4 days.

Global X MLP & Energy Infrastructure Covered Call ETF Price Performance

MLPD traded up $0.04 during trading on Friday, hitting $25.41. 3,873 shares of the stock traded hands, compared to its average volume of 18,255. The firm has a market capitalization of $29.22 million, a P/E ratio of 18.56 and a beta of 0.15. The firm has a 50-day moving average of $25.47 and a 200 day moving average of $25.28. Global X MLP & Energy Infrastructure Covered Call ETF has a 12-month low of $23.99 and a 12-month high of $25.95.

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.