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

Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 679 shares, a drop of 59.6% from the January 15th total of 1,682 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 93 shares, the days-to-cover ratio is currently 7.3 days. Based on an average trading volume of 93 shares, the days-to-cover ratio is currently 7.3 days. Approximately 0.1% of the company’s stock are sold short.

Global X Long-Term Treasury Ladder ETF Stock Performance

LLDR stock traded up $0.52 during trading hours on Thursday, hitting $46.37. The company’s stock had a trading volume of 110 shares, compared to its average volume of 418. The stock has a 50 day moving average price of $45.71 and a two-hundred day moving average price of $45.99. Global X Long-Term Treasury Ladder ETF has a 12 month low of $43.66 and a 12 month high of $48.13.

Global X Long-Term Treasury Ladder ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.172 per share. This represents a c) annualized dividend and a yield of 4.5%. This is an increase from Global X Long-Term Treasury Ladder ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, February 2nd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Global X Long-Term Treasury Ladder ETF stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Global X Long-Term Treasury Ladder ETF (NYSEARCA:LLDR) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 25,000 shares of the company’s stock, valued at approximately $1,157,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 3.47% of Global X Long-Term Treasury Ladder ETF as of its most recent filing with the Securities & Exchange Commission.

Global X Long-Term Treasury Ladder ETF Company Profile

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.