Global X Millennial Consumer ETF (NASDAQ:MILN) Short Interest Up 50.0% in August

Global X Millennial Consumer ETF (NASDAQ:MILN) saw a significant increase in short interest during the month of 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 volume of 9,600 shares, the short-interest ratio is presently 0.1 days.

Global X Millennial Consumer ETF Price Performance

Global X Millennial Consumer ETF stock opened at $40.24 on Monday. The business has a 50 day moving average of $38.64 and a 200-day moving average of $38.39. The company has a market capitalization of $120.72 million, a P/E ratio of 33.27 and a beta of 1.21. Global X Millennial Consumer ETF has a 1 year low of $28.45 and a 1 year high of $40.38.

Global X Millennial Consumer ETF Announces Dividend

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

Hedge Funds Weigh In On Global X Millennial Consumer ETF

Large investors have recently modified their holdings of the business. Prudential PLC bought a new stake in shares of Global X Millennial Consumer ETF in the fourth quarter worth $780,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Global X Millennial Consumer ETF during the 1st quarter worth about $610,000. CreativeOne Wealth LLC lifted its holdings 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 worth $1,413,000 after buying an additional 7,278 shares during the period. Cetera Advisors LLC bought a new stake 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 in the second quarter valued at about $26,000.

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.