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

Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) was the recipient 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. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 678 shares, the short-interest ratio is presently 1.1 days.

Global X Intermediate-Term Treasury Ladder ETF Stock Up 0.0%

MLDR traded up $0.02 during mid-day trading on Tuesday, reaching $48.56. The stock had a trading volume of 84 shares, compared to its average volume of 404. The firm’s fifty day simple moving average is $48.90 and its two-hundred day simple moving average is $49.42. Global X Intermediate-Term Treasury Ladder ETF has a 52 week low of $48.13 and a 52 week high of $50.28.

About Global X Intermediate-Term Treasury Ladder ETF

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.