Short Interest in Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) Decreases By 41.2%

Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 429 shares, a decline of 41.2% from the May 14th total of 729 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 243 shares, the days-to-cover ratio is presently 1.8 days.

Global X Intermediate-Term Treasury Ladder ETF Price Performance

MLDR stock traded up $0.06 during trading on Monday, hitting $48.61. 7 shares of the company’s stock were exchanged, compared to its average volume of 388. The business has a 50-day moving average price of $48.80 and a two-hundred day moving average price of $49.33. 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.