BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Short Interest Update

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 384 shares, a drop of 51.3% from the November 30th total of 788 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,272 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 1,272 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

BNY Mellon US Small Cap Core Equity ETF Stock Down 0.3%

Shares of BKSE traded down $0.29 during mid-day trading on Friday, hitting $115.16. 1,132 shares of the company traded hands, compared to its average volume of 7,636. The company has a market capitalization of $61.03 million, a PE ratio of 15.47 and a beta of 1.11. The business has a 50 day moving average of $111.94 and a 200 day moving average of $107.46. BNY Mellon US Small Cap Core Equity ETF has a 1-year low of $79.54 and a 1-year high of $117.50.

BNY Mellon US Small Cap Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.3981 per share. This represents a $1.59 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Wednesday, October 1st. This is a positive change from BNY Mellon US Small Cap Core Equity ETF’s previous quarterly dividend of $0.30.

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

Large investors have recently made changes to their positions in the stock. Royal Bank of Canada raised its stake in BNY Mellon US Small Cap Core Equity ETF by 13.3% in the 1st quarter. Royal Bank of Canada now owns 39,195 shares of the company’s stock worth $3,656,000 after acquiring an additional 4,604 shares during the last quarter. Park Avenue Securities LLC purchased a new position in shares of BNY Mellon US Small Cap Core Equity ETF in the second quarter worth about $270,000. Crux Wealth Advisors lifted its holdings in shares of BNY Mellon US Small Cap Core Equity ETF by 16.1% during the second quarter. Crux Wealth Advisors now owns 5,198 shares of the company’s stock worth $519,000 after purchasing an additional 719 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of BNY Mellon US Small Cap Core Equity ETF by 40.8% during the second quarter. Envestnet Asset Management Inc. now owns 6,413 shares of the company’s stock worth $641,000 after purchasing an additional 1,857 shares during the period. Finally, Flow Traders U.S. LLC increased its holdings in BNY Mellon US Small Cap Core Equity ETF by 342.1% in the 2nd quarter. Flow Traders U.S. LLC now owns 22,342 shares of the company’s stock worth $2,232,000 after buying an additional 17,288 shares during the period.

BNY Mellon US Small Cap Core Equity ETF Company Profile

The BNY Mellon US Small Cap Core Equity ETF (BKSE) is an exchange-traded fund that is based on the Morningstar US Small Cap index, a market-cap-weighted index of small-cap stocks that cover the bottom 3-10% capitalization of the US equity market. BKSE was launched on Apr 9, 2020 and is managed by BNY Mellon.