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

Global X Millennial Consumer ETF (NASDAQ:MILN) was the recipient of a large drop in short interest in the month of 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. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 10,323 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Global X Millennial Consumer ETF

Several hedge funds have recently bought and sold shares of the company. Bank of America Corp DE grew its position in 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 acquiring an additional 86,001 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Global X Millennial Consumer ETF by 94,371.0% in the fourth 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. acquired a new position in shares of Global X Millennial Consumer ETF in the second quarter valued at approximately $2,061,000. Moran Wealth Management LLC increased its stake in Global X Millennial Consumer ETF by 0.7% during the 1st 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 stake in Global X Millennial Consumer ETF by 1.6% during the 4th 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 Stock Performance

Global X Millennial Consumer ETF stock opened at $44.27 on Thursday. The company has a market capitalization of $99.16 million, a PE ratio of 27.54 and a beta of 1.19. Global X Millennial Consumer ETF has a fifty-two week low of $39.23 and a fifty-two week high of $50.86. The firm has a 50 day moving average price of $43.31 and a 200 day moving average price of $43.99.

Global X Millennial Consumer ETF Dividend Announcement

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

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