Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Short Interest Up 135.4% in May

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 5,939 shares, an increase of 135.4% from the April 30th total of 2,523 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 10,283 shares, the days-to-cover ratio is currently 0.6 days.

Global X MLP & Energy Infrastructure Covered Call ETF Trading Up 0.5%

MLPD stock traded up $0.12 on Tuesday, hitting $24.73. The company had a trading volume of 4,789 shares, compared to its average volume of 17,142. The stock has a market cap of $28.44 million, a price-to-earnings ratio of 18.56 and a beta of 0.08. Global X MLP & Energy Infrastructure Covered Call ETF has a 12-month low of $24.30 and a 12-month high of $25.95. The stock’s 50-day simple moving average is $25.32 and its 200 day simple moving average is $25.36.

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.