Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) Shares Shorted: Short Interest Down 73.0% in October

Global X MLP & Energy Infrastructure Covered Call ETF (NYSEARCA:MLPD) was the target of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 2,973 shares, a decrease of 73.0% from the October 15th total of 10,991 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 5,864 shares, the days-to-cover ratio is presently 0.5 days.

Global X MLP & Energy Infrastructure Covered Call ETF Stock Up 0.2%

NYSEARCA:MLPD traded up $0.04 during trading hours on Friday, hitting $25.01. 12,929 shares of the company traded hands, compared to its average volume of 14,410. The firm’s 50-day simple moving average is $24.74 and its 200-day simple moving average is $25.11. Global X MLP & Energy Infrastructure Covered Call ETF has a one year low of $23.62 and a one year high of $25.95. The company has a market cap of $25.76 million, a PE ratio of 17.11 and a beta of 0.03.

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.