Short Interest in Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Expands By 51.7%

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 4,400 shares, an increase of 51.7% from the September 30th total of 2,900 shares. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is presently 0.4 days. Approximately 1.0% of the company’s shares are short sold. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is presently 0.4 days.

Global X MLP & Energy Infrastructure Covered Call ETF Price Performance

Shares of NYSEARCA:MLPD traded up $0.03 on Monday, hitting $24.62. 8,595 shares of the company’s stock were exchanged, compared to its average volume of 7,025. Global X MLP & Energy Infrastructure Covered Call ETF has a 12 month low of $21.30 and a 12 month high of $26.15. The stock has a market capitalization of $10.59 million, a price-to-earnings ratio of 18.56 and a beta of 0.25. The business’s 50 day simple moving average is $25.33 and its two-hundred day simple moving average is $24.98.

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.