Short Interest in Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Expands By 152.3%

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 23,164 shares, a growth of 152.3% from the June 30th total of 9,180 shares. Based on an average trading volume of 8,378 shares, the short-interest ratio is currently 2.8 days. Approximately 1.9% of the shares of the stock are sold short.

Global X MLP & Energy Infrastructure Covered Call ETF Stock Performance

MLPD stock traded down $0.31 during trading on Monday, reaching $24.79. 54,526 shares of the company were exchanged, compared to its average volume of 15,324. The stock’s 50 day moving average price is $25.08 and its 200 day moving average price is $25.29. Global X MLP & Energy Infrastructure Covered Call ETF has a 52-week low of $24.30 and a 52-week high of $25.95. The company has a market cap of $29.50 million, a P/E ratio of 18.56 and a beta of 0.02.

About Global X MLP & Energy Infrastructure Covered Call ETF

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.