Short Interest in Global X Millennial Consumer ETF (NASDAQ:MILN) Expands By 251.9%

Posted by Geri Gentry on Jul 26th, 2026

Global X Millennial Consumer ETF (NASDAQ:MILN – Get Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 19,515 shares, a growth of 251.9% from the June 30th total of 5,545 shares. Based on an average daily trading volume, of 7,049 shares, the days-to-cover ratio is presently 2.8 days. Currently, 0.9% of the company’s stock are sold short.

Hedge Funds Weigh In On Global X Millennial Consumer ETF

Several institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC lifted its holdings in Global X Millennial Consumer ETF by 62.6% during the first quarter. NewEdge Advisors LLC now owns 1,223 shares of the company’s stock worth $53,000 after buying an additional 471 shares during the period. HBW Advisory Services LLC boosted its position in Global X Millennial Consumer ETF by 5.4% during the 1st quarter. HBW Advisory Services LLC now owns 5,048 shares of the company’s stock valued at $205,000 after acquiring an additional 257 shares in the last quarter. Two Sigma Investments LP increased its holdings in shares of Global X Millennial Consumer ETF by 15.6% in the 3rd quarter. Two Sigma Investments LP now owns 5,200 shares of the company’s stock valued at $257,000 after acquiring an additional 700 shares during the period. Sei Investments Co. purchased a new position in shares of Global X Millennial Consumer ETF in the 2nd quarter valued at $290,000. Finally, Osaic Holdings Inc. raised its position in shares of Global X Millennial Consumer ETF by 153.2% in the 4th quarter. Osaic Holdings Inc. now owns 6,933 shares of the company’s stock worth $325,000 after acquiring an additional 4,195 shares in the last quarter.

Global X Millennial Consumer ETF Stock Up 1.2%

Shares of MILN stock traded up $0.52 on Friday, hitting $43.34. The stock had a trading volume of 4,485 shares, compared to its average volume of 11,271. The business has a 50 day moving average price of $43.52 and a 200 day moving average price of $43.70. The company has a market cap of $96.21 million, a PE ratio of 27.54 and a beta of 1.19. Global X Millennial Consumer ETF has a one year low of $39.23 and a one year high of $50.86.

Global X Millennial Consumer ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 29th were issued a $0.0393 dividend. The ex-dividend date was Monday, June 29th.

Global X Millennial Consumer ETF Company Profile

(Get Free Report)

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.