Global X Millennial Consumer ETF (NASDAQ:MILN) Short Interest Update

Global X Millennial Consumer ETF (NASDAQ:MILN) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 600 shares, a growth of 50.0% from the August 15th total of 400 shares. Based on an average daily volume of 9,600 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Global X Millennial Consumer ETF

A number of hedge funds have recently made changes to their positions in the company. Rothschild Investment LLC purchased a new position in Global X Millennial Consumer ETF in the 2nd quarter valued at $26,000. Cetera Advisors LLC purchased a new stake in Global X Millennial Consumer ETF during the 1st quarter valued at about $297,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Global X Millennial Consumer ETF in the 1st quarter valued at about $610,000. Prudential PLC purchased a new stake in shares of Global X Millennial Consumer ETF in the fourth quarter valued at approximately $780,000. Finally, CreativeOne Wealth LLC lifted its position in Global X Millennial Consumer ETF by 25.2% during the first quarter. CreativeOne Wealth LLC now owns 36,143 shares of the company’s stock worth $1,413,000 after buying an additional 7,278 shares in the last quarter.

Global X Millennial Consumer ETF Stock Down 0.1 %

Shares of MILN stock traded down $0.03 during trading hours on Monday, hitting $40.21. 1,221 shares of the company’s stock were exchanged, compared to its average volume of 10,600. The firm has a 50 day moving average of $38.64 and a two-hundred day moving average of $38.39. Global X Millennial Consumer ETF has a fifty-two week low of $28.45 and a fifty-two week high of $40.38. The firm has a market cap of $120.63 million, a P/E ratio of 33.27 and a beta of 1.21.

Global X Millennial Consumer ETF Announces Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Friday, July 5th. Stockholders of record on Thursday, June 27th were paid a dividend of $0.0159 per share. The ex-dividend date was Thursday, June 27th.

Global X Millennial Consumer ETF Company Profile

The Global X Millennials Consumer ETF (MILN) is an exchange-traded fund that is based on the Indxx Millennials Thematic index. The fund tracks an index composed of US-listed companies that derive a significant source of their revenue from spending categories determined to be associated with millennials – people born between 1980 and 2000.