Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) Short Interest Up 124.9% in April

Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,284 shares, an increase of 124.9% from the April 15th total of 571 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 217 shares, the short-interest ratio is currently 5.9 days.

Global X Intermediate-Term Treasury Ladder ETF Stock Performance

Shares of Global X Intermediate-Term Treasury Ladder ETF stock traded down $0.30 during midday trading on Friday, hitting $48.33. The company had a trading volume of 179 shares, compared to its average volume of 408. The company has a fifty day simple moving average of $49.11 and a 200 day simple moving average of $49.52. Global X Intermediate-Term Treasury Ladder ETF has a 12-month low of $48.33 and a 12-month 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.