Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) Sees Significant Increase in Short Interest

Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 1,284 shares, a growth of 124.9% from the April 15th total of 571 shares. Based on an average daily volume of 217 shares, the short-interest ratio is currently 5.9 days. Currently, 0.7% of the shares of the company are short sold.

Global X Intermediate-Term Treasury Ladder ETF Trading Down 0.6%

Shares of NYSEARCA:MLDR opened at $48.33 on Friday. Global X Intermediate-Term Treasury Ladder ETF has a 52-week low of $48.33 and a 52-week high of $50.28. The company has a 50-day simple moving average of $49.11 and a 200 day simple moving average of $49.52.

About Global X Intermediate-Term Treasury Ladder ETF

The Global X Intermediate-Term Treasury Ladder ETF (MLDR) 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, employing a bond laddering strategy. By rotating investments annually between seven maturity groups, the fund seeks to provide steady yield and manage interest rate risk, focusing on medium-term government bonds MLDR was launched on Sep 9, 2024 and is issued by Global X.