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

Global X Millennial Consumer ETF (NASDAQ:MILN) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 5,900 shares, a growth of 637.5% from the October 31st total of 800 shares. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On Global X Millennial Consumer ETF

Several institutional investors have recently added to or reduced their stakes in the company. Barclays PLC grew its holdings in Global X Millennial Consumer ETF by 33.3% during the 3rd quarter. Barclays PLC now owns 3,000 shares of the company’s stock valued at $126,000 after buying an additional 750 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Global X Millennial Consumer ETF by 24.5% in the 3rd quarter. Jane Street Group LLC now owns 6,729 shares of the company’s stock valued at $282,000 after purchasing an additional 1,326 shares during the last quarter. CreativeOne Wealth LLC lifted its stake in shares of Global X Millennial Consumer ETF by 4.1% in the 3rd quarter. CreativeOne Wealth LLC now owns 30,817 shares of the company’s stock valued at $1,292,000 after purchasing an additional 1,227 shares during the last quarter. Rothschild Investment LLC bought a new stake in shares of Global X Millennial Consumer ETF in the 2nd quarter valued at approximately $26,000. Finally, Cetera Advisors LLC bought a new stake in shares of Global X Millennial Consumer ETF in the 1st quarter valued at approximately $297,000.

Global X Millennial Consumer ETF Price Performance

Shares of NASDAQ:MILN traded up $0.11 during trading on Wednesday, hitting $46.92. 13,714 shares of the company’s stock were exchanged, compared to its average volume of 9,954. Global X Millennial Consumer ETF has a 52-week low of $32.52 and a 52-week high of $47.05. The business’s 50-day simple moving average is $43.17 and its 200 day simple moving average is $40.17. The company has a market cap of $132.78 million, a price-to-earnings ratio of 33.27 and a beta of 1.21.

About Global X Millennial Consumer ETF

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.