Short Interest in Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) Drops By 41.2%

Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 429 shares, a drop of 41.2% from the May 14th total of 729 shares. Based on an average daily trading volume, of 243 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.2% of the company’s shares are short sold.

Global X Intermediate-Term Treasury Ladder ETF Stock Performance

Shares of MLDR traded up $0.10 during midday trading on Tuesday, hitting $48.71. The stock had a trading volume of 7 shares, compared to its average volume of 385. Global X Intermediate-Term Treasury Ladder ETF has a fifty-two week low of $48.13 and a fifty-two week high of $50.28. The business has a 50-day simple moving average of $48.79 and a two-hundred day simple moving average of $49.32.

Global X Intermediate-Term Treasury Ladder ETF Company Profile

The Global X Intermediate-Term Treasury Ladder ETF (MLDR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index comprised of US Treasury bonds maturing in 3 to 10 years, employing a bond laddering strategy. By rotating investments annually between seven maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on medium-term government bonds MLDR was launched on Sep 9, 2024 and is issued by Global X.