Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Short Interest Up 135.4% in May

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,939 shares, an increase 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 daily volume of 10,283 shares, the days-to-cover ratio is presently 0.6 days.

Global X MLP & Energy Infrastructure Covered Call ETF Trading Down 1.8%

Shares of NYSEARCA MLPD traded down $0.46 during trading hours on Friday, hitting $24.61. 15,115 shares of the company traded hands, compared to its average volume of 17,262. The stock has a market capitalization of $28.30 million, a price-to-earnings ratio of 18.56 and a beta of 0.08. The company’s 50 day moving average price is $25.34 and its 200 day moving average price is $25.36. Global X MLP & Energy Infrastructure Covered Call ETF has a 12 month low of $24.30 and a 12 month high of $25.95.

Global X MLP & Energy Infrastructure Covered Call ETF Company Profile

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.