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

by · The Cerbat Gem

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD – Get Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 5,939 shares, a growth of 135.4% from the April 30th total of 2,523 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 10,283 shares, the days-to-cover ratio is currently 0.6 days.

Global X MLP & Energy Infrastructure Covered Call ETF Price Performance

Shares of MLPD stock traded down $0.46 during mid-day trading on Friday, hitting $24.61. The stock had a trading volume of 15,115 shares, compared to its average volume of 17,262. Global X MLP & Energy Infrastructure Covered Call ETF has a 12-month low of $24.30 and a 12-month high of $25.95. The firm has a market capitalization of $28.30 million, a P/E ratio of 18.56 and a beta of 0.08. The firm’s 50-day moving average is $25.34 and its two-hundred day moving average is $25.36.

About Global X MLP & Energy Infrastructure Covered Call ETF

(Get Free Report)

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.

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