Short Interest in Global X Millennial Consumer ETF (NASDAQ:MILN) Expands By 637.5%

Posted by Stacy Sanders on Nov 27th, 2024

Global X Millennial Consumer ETF (NASDAQ:MILN – Get Free Report) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 5,900 shares, an increase of 637.5% from the October 31st total of 800 shares. Based on an average daily trading volume, of 8,600 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Global X Millennial Consumer ETF

Large investors have recently made changes to their positions in the stock. CreativeOne Wealth LLC lifted its holdings in Global X Millennial Consumer ETF by 4.1% in the third quarter. CreativeOne Wealth LLC now owns 30,817 shares of the company’s stock valued at $1,292,000 after acquiring an additional 1,227 shares during the last quarter. Cetera Advisors LLC acquired a new position in Global X Millennial Consumer ETF in the first quarter valued at approximately $297,000. Jane Street Group LLC lifted its holdings in Global X Millennial Consumer ETF by 24.5% in the third quarter. Jane Street Group LLC now owns 6,729 shares of the company’s stock valued at $282,000 after acquiring an additional 1,326 shares during the last quarter. Barclays PLC lifted its holdings in Global X Millennial Consumer ETF by 33.3% in the third quarter. Barclays PLC now owns 3,000 shares of the company’s stock valued at $126,000 after acquiring an additional 750 shares during the last quarter. Finally, Rothschild Investment LLC acquired a new position in Global X Millennial Consumer ETF in the second quarter valued at approximately $26,000.

Global X Millennial Consumer ETF Trading Up 0.2 %

NASDAQ:MILN traded up $0.11 during trading hours on Wednesday, hitting $46.92. 13,714 shares of the stock were exchanged, compared to its average volume of 9,954. Global X Millennial Consumer ETF has a 52-week low of $32.52 and a 52-week high of $47.05. The firm’s fifty day moving average price is $43.17 and its 200 day moving average price is $40.17. The company has a market cap of $132.78 million, a P/E ratio of 33.27 and a beta of 1.21.

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.