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

Global X Millennial Consumer ETF (NASDAQ:MILN) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 1,200 shares, a decline of 85.9% from the March 15th total of 8,500 shares. Based on an average trading volume of 9,200 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. GPS Wealth Strategies Group LLC grew its holdings in shares of Global X Millennial Consumer ETF by 251.6% during the first quarter. GPS Wealth Strategies Group LLC now owns 1,934 shares of the company’s stock worth $83,000 after buying an additional 1,384 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Global X Millennial Consumer ETF in the 4th quarter valued at approximately $305,000. LPL Financial LLC grew its stake in shares of Global X Millennial Consumer ETF by 5.4% in the fourth quarter. LPL Financial LLC now owns 72,298 shares of the company’s stock valued at $3,251,000 after buying an additional 3,735 shares in the last quarter. Wealthfront Advisers LLC bought a new position in shares of Global X Millennial Consumer ETF during the 4th quarter worth approximately $9,753,000. Finally, SBI Securities Co. Ltd. bought a new position in Global X Millennial Consumer ETF in the 4th quarter valued at about $30,000.

Global X Millennial Consumer ETF Trading Down 1.8 %

Global X Millennial Consumer ETF stock traded down $0.73 during mid-day trading on Wednesday, hitting $40.58. The stock had a trading volume of 2,586 shares, compared to its average volume of 9,343. The stock has a market capitalization of $106.73 million, a PE ratio of 25.94 and a beta of 1.29. Global X Millennial Consumer ETF has a 12 month low of $35.03 and a 12 month high of $49.77. The stock has a 50-day simple moving average of $44.51 and a two-hundred day simple moving average of $44.94.

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.