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

Global X Millennial Consumer ETF (NASDAQ:MILN – Get Free Report) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 4,233 shares, a drop of 34.9% from the May 31st total of 6,503 shares. Based on an average daily volume of 10,323 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

Global X Millennial Consumer ETF Trading Up 2.2%

Shares of NASDAQ:MILN opened at $44.27 on Thursday. The firm has a 50 day simple moving average of $43.31 and a 200-day simple moving average of $43.99. Global X Millennial Consumer ETF has a twelve month low of $39.23 and a twelve month high of $50.86. The company has a market capitalization of $99.16 million, a PE ratio of 27.54 and a beta of 1.19.

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Global X Millennial Consumer ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Monday, June 29th will be paid a $0.0393 dividend. The ex-dividend date is Monday, June 29th.

Institutional Trading of Global X Millennial Consumer ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in shares of Global X Millennial Consumer ETF by 19.0% in the 1st quarter. Bank of America Corp DE now owns 538,010 shares of the company’s stock valued at $21,868,000 after purchasing an additional 86,001 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Global X Millennial Consumer ETF by 94,371.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 198,389 shares of the company’s stock valued at $9,309,000 after purchasing an additional 198,179 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Global X Millennial Consumer ETF during the 2nd quarter worth approximately $2,061,000. Moran Wealth Management LLC increased its position in Global X Millennial Consumer ETF by 0.7% during the first quarter. Moran Wealth Management LLC now owns 36,869 shares of the company’s stock worth $1,499,000 after buying an additional 266 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in Global X Millennial Consumer ETF by 1.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 23,341 shares of the company’s stock worth $1,095,000 after buying an additional 357 shares during the period.

Global X Millennial Consumer ETF Company Profile

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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. MILN was launched on May 4, 2016 and is managed by Global X.

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