Short Interest in Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Decreases By 45.4%

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 3,241 shares, a decline of 45.4% from the May 14th total of 5,939 shares. Based on an average daily volume of 15,240 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

Global X MLP & Energy Infrastructure Covered Call ETF Stock Down 1.3%

MLPD stock traded down $0.33 during trading on Tuesday, hitting $24.89. 9,811 shares of the company’s stock traded hands, compared to its average volume of 16,368. Global X MLP & Energy Infrastructure Covered Call ETF has a 52 week low of $24.30 and a 52 week high of $25.95. The stock has a fifty day moving average price of $25.20 and a two-hundred day moving average price of $25.36. The stock has a market capitalization of $28.62 million, a price-to-earnings ratio of 18.56 and a beta of 0.03.

About Global X MLP & Energy Infrastructure Covered Call ETF

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.