Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Short Interest Down 45.3% in January

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 7,069 shares, a decline of 45.3% from the January 15th total of 12,935 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average trading volume of 17,318 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 17,318 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.1% of the shares of the stock are sold short.

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

Shares of Global X MLP & Energy Infrastructure Covered Call ETF stock traded up $0.02 on Friday, hitting $25.50. 23,532 shares of the company were exchanged, compared to its average volume of 14,524. The stock has a market capitalization of $16.07 million, a price-to-earnings ratio of 18.56 and a beta of 0.25. The company has a 50-day moving average price of $25.30 and a 200 day moving average price of $25.27. Global X MLP & Energy Infrastructure Covered Call ETF has a 1-year low of $21.30 and a 1-year high of $25.92.

Global X MLP & Energy Infrastructure Covered Call ETF Cuts Dividend

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

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.