Global X Millennial Consumer ETF (NASDAQ:MILN) Sees Significant Growth in Short Interest

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

Global X Millennial Consumer ETF Trading Up 1.3 %

Shares of NASDAQ MILN opened at $40.24 on Monday. Global X Millennial Consumer ETF has a 1-year low of $28.45 and a 1-year high of $40.38. The company has a 50-day moving average of $38.64 and a two-hundred day moving average of $38.39. The company has a market cap of $120.72 million, a PE ratio of 33.27 and a beta of 1.21.

Global X Millennial Consumer ETF Dividend Announcement

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Prudential PLC bought a new stake in shares of Global X Millennial Consumer ETF during the fourth quarter worth $780,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in Global X Millennial Consumer ETF during the 1st quarter worth about $610,000. CreativeOne Wealth LLC lifted its position in Global X Millennial Consumer ETF by 25.2% during the 1st quarter. CreativeOne Wealth LLC now owns 36,143 shares of the company’s stock valued at $1,413,000 after purchasing an additional 7,278 shares during the period. Cetera Advisors LLC bought a new position in shares of Global X Millennial Consumer ETF in the 1st quarter valued at about $297,000. Finally, Rothschild Investment LLC acquired a new stake in shares of Global X Millennial Consumer ETF during the 2nd quarter worth approximately $26,000.

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.