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

Global X Millennial Consumer ETF (NASDAQ:MILN) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 700 shares, a decline of 93.0% from the February 29th total of 10,000 shares. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 0.1 days.

Global X Millennial Consumer ETF Trading Up 0.5 %

Shares of NASDAQ:MILN traded up $0.21 during trading on Wednesday, hitting $39.12. 10,472 shares of the company were exchanged, compared to its average volume of 13,470. The stock has a market cap of $122.05 million, a price-to-earnings ratio of 29.61 and a beta of 1.21. Global X Millennial Consumer ETF has a fifty-two week low of $28.33 and a fifty-two week high of $39.72. The firm has a fifty day moving average price of $37.25 and a two-hundred day moving average price of $34.03.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in shares of Global X Millennial Consumer ETF by 5.6% during the 1st quarter. Bank of America Corp DE now owns 411,802 shares of the company’s stock worth $12,251,000 after acquiring an additional 21,793 shares during the last quarter. HBW Advisory Services LLC increased its holdings in shares of Global X Millennial Consumer ETF by 2.9% during the 3rd quarter. HBW Advisory Services LLC now owns 99,578 shares of the company’s stock worth $3,028,000 after acquiring an additional 2,769 shares during the last quarter. CreativeOne Wealth LLC grew its holdings in Global X Millennial Consumer ETF by 12.4% in the 4th quarter. CreativeOne Wealth LLC now owns 58,126 shares of the company’s stock valued at $1,517,000 after buying an additional 6,416 shares in the last quarter. LPL Financial LLC grew its holdings in Global X Millennial Consumer ETF by 23.9% in the 3rd quarter. LPL Financial LLC now owns 58,094 shares of the company’s stock valued at $1,767,000 after buying an additional 11,205 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in Global X Millennial Consumer ETF by 197.2% in the 3rd quarter. Royal Bank of Canada now owns 40,824 shares of the company’s stock valued at $1,046,000 after buying an additional 27,090 shares in the last quarter.

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.