BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Short Interest Up 140.3% in December

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 2,009 shares, a growth of 140.3% from the November 30th total of 836 shares. Based on an average trading volume of 10,235 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 10,235 shares, the short-interest ratio is currently 0.2 days.

BNY Mellon US Mid Cap Core Equity ETF Stock Down 0.1%

Shares of NYSEARCA:BKMC traded down $0.15 during trading on Friday, hitting $111.60. The stock had a trading volume of 5,879 shares, compared to its average volume of 26,678. The company has a market capitalization of $621.61 million, a PE ratio of 19.73 and a beta of 1.06. The firm’s fifty day moving average is $108.68 and its 200 day moving average is $106.64. BNY Mellon US Mid Cap Core Equity ETF has a 12 month low of $82.26 and a 12 month high of $112.69.

BNY Mellon US Mid Cap Core Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a $0.3492 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.33.

Institutional Investors Weigh In On BNY Mellon US Mid Cap Core Equity ETF

Several hedge funds have recently bought and sold shares of the business. SVB Wealth LLC bought a new position in shares of BNY Mellon US Mid Cap Core Equity ETF during the first quarter valued at approximately $30,000. JPMorgan Chase & Co. bought a new position in BNY Mellon US Mid Cap Core Equity ETF during the 3rd quarter valued at approximately $57,000. Raymond James Financial Inc. bought a new position in BNY Mellon US Mid Cap Core Equity ETF during the 2nd quarter valued at approximately $60,000. Fifth Third Wealth Advisors LLC purchased a new position in BNY Mellon US Mid Cap Core Equity ETF during the third quarter valued at $226,000. Finally, Key Financial Inc raised its stake in BNY Mellon US Mid Cap Core Equity ETF by 56.4% during the second quarter. Key Financial Inc now owns 3,713 shares of the company’s stock valued at $380,000 after buying an additional 1,339 shares during the last quarter.

About BNY Mellon US Mid Cap Core Equity ETF

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.