Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Short Interest Update

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 7,069 shares, a drop of 45.3% from the January 15th total of 12,935 shares. Based on an average daily volume of 17,318 shares, the short-interest ratio is currently 0.4 days. Currently, 1.1% of the company’s shares are sold short. Currently, 1.1% of the company’s shares are sold short. Based on an average daily volume of 17,318 shares, the short-interest ratio is currently 0.4 days.

Global X MLP & Energy Infrastructure Covered Call ETF Trading Up 0.1%

MLPD stock traded up $0.02 during mid-day trading on Friday, reaching $25.50. The company’s stock had a trading volume of 23,532 shares, compared to its average volume of 14,524. Global X MLP & Energy Infrastructure Covered Call ETF has a 12 month low of $21.30 and a 12 month high of $25.92. The business’s 50 day moving average price is $25.30 and its 200 day moving average price is $25.27. The company has a market cap of $16.07 million, a price-to-earnings ratio of 18.56 and a beta of 0.25.

Global X MLP & Energy Infrastructure Covered Call ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a dividend of $0.2504 per share. The ex-dividend date was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 11.8%.

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.