Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) Sees Large Decline in Short Interest

Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,202 shares, a drop of 94.7% from the September 30th total of 22,802 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 331 shares, the short-interest ratio is currently 3.6 days.

Global X Long-Term Treasury Ladder ETF Stock Up 0.3%

LLDR traded up $0.14 on Monday, hitting $42.63. The company’s stock had a trading volume of 121 shares, compared to its average volume of 321. Global X Long-Term Treasury Ladder ETF has a 12 month low of $40.30 and a 12 month high of $47.41. The company’s 50 day simple moving average is $42.17 and its 200-day simple moving average is $44.22.

About Global X Long-Term Treasury Ladder ETF

The Global X Long-Term Treasury Ladder ETF (LLDR) 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, through a laddering method. By rotating investments annually between 20 maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on long-term government bonds LLDR was launched on Sep 9, 2024 and is issued by Global X.