Short Interest in Global X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR) Decreases By 91.1%
by Mitch Edgeman · The Markets DailyGlobal X Intermediate-Term Treasury Ladder ETF (NYSEARCA:MLDR – Get Free Report) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 16 shares, a drop of 91.1% from the June 15th total of 179 shares. Based on an average daily volume of 345 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Global X Intermediate-Term Treasury Ladder ETF Price Performance
NYSEARCA:MLDR traded down $0.03 on Friday, reaching $48.33. The stock had a trading volume of 32 shares, compared to its average volume of 380. Global X Intermediate-Term Treasury Ladder ETF has a 1-year low of $48.13 and a 1-year high of $50.28. The stock has a fifty day moving average price of $48.58 and a 200-day moving average price of $49.17.
Global X Intermediate-Term Treasury Ladder ETF Company Profile
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.
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