Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Sees Significant Decrease in Short Interest

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 2,523 shares, a decline of 67.0% from the April 15th total of 7,654 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 13,134 shares, the short-interest ratio is currently 0.2 days.

Global X MLP & Energy Infrastructure Covered Call ETF Stock Performance

MLPD stock traded up $0.23 during midday trading on Friday, hitting $25.64. 40,143 shares of the company’s stock were exchanged, compared to its average volume of 17,463. The company has a market cap of $29.49 million, a PE ratio of 18.56 and a beta of 0.08. The stock’s fifty day moving average price is $25.43 and its 200-day moving average price is $25.31. Global X MLP & Energy Infrastructure Covered Call ETF has a one year low of $24.06 and a one year 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.