Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) Sees Significant Growth in Short Interest

Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 22,802 shares, an increase of 2,180.2% from the September 15th total of 1,000 shares. Approximately 2.6% of the shares of the company are sold short. Based on an average daily volume of 240 shares, the days-to-cover ratio is presently 95.0 days.

Global X Long-Term Treasury Ladder ETF Trading Up 0.0%

NYSEARCA:LLDR traded up $0.01 during mid-day trading on Friday, hitting $40.94. The stock had a trading volume of 21 shares, compared to its average volume of 283. Global X Long-Term Treasury Ladder ETF has a twelve month low of $40.30 and a twelve month high of $47.45. The company’s 50 day simple moving average is $42.47 and its 200 day simple moving average is $43.81.

About Global X Long-Term Treasury Ladder ETF

The Global X Long-Term Treasury Ladder ETF (LLDR) 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, through a laddering method. By rotating investments annually between 20 maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on long-term government bonds LLDR was launched on Sep 9, 2024 and is issued by Global X.