BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Short Interest Update

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 1,969 shares, a growth of 28.9% from the December 15th total of 1,527 shares. Based on an average trading volume of 5,060 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 5,060 shares, the days-to-cover ratio is currently 0.4 days.

BNY Mellon Concentrated International ETF Stock Down 0.0%

NYSEARCA:BKCI traded down $0.01 during trading hours on Friday, reaching $53.06. 11,477 shares of the company’s stock were exchanged, compared to its average volume of 9,643. The company has a market capitalization of $185.71 million, a P/E ratio of 23.08 and a beta of 0.87. BNY Mellon Concentrated International ETF has a 12 month low of $42.85 and a 12 month high of $53.60. The business’s 50-day simple moving average is $51.83 and its two-hundred day simple moving average is $51.52.

BNY Mellon Concentrated International ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Monday, December 29th were issued a dividend of $0.7157 per share. The ex-dividend date was Monday, December 29th. This represents a dividend yield of 138.0%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its position in BNY Mellon Concentrated International ETF by 811.8% during the first quarter. Royal Bank of Canada now owns 121,601 shares of the company’s stock worth $5,811,000 after buying an additional 108,264 shares during the last quarter. Park Avenue Securities LLC bought a new position in shares of BNY Mellon Concentrated International ETF in the 2nd quarter valued at approximately $573,000. Harbor Group Inc. raised its position in shares of BNY Mellon Concentrated International ETF by 5.2% in the second quarter. Harbor Group Inc. now owns 873,699 shares of the company’s stock valued at $44,864,000 after purchasing an additional 43,400 shares during the period. Ameritas Advisory Services LLC acquired a new position in BNY Mellon Concentrated International ETF in the 2nd quarter valued at $108,000. Finally, Pathway Financial Advisors LLC raised its holdings in BNY Mellon Concentrated International ETF by 240.8% in the 2nd quarter. Pathway Financial Advisors LLC now owns 139,482 shares of the company’s stock worth $7,162,000 after acquiring an additional 98,560 shares during the period.

About BNY Mellon Concentrated International ETF

The BNY Mellon Concentrated International ETF (BKCI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund relying heavily on fundamental research to select a narrow basket of stocks, of any market capitalization, from developed markets outside of the US. BKCI was launched on Dec 6, 2021 and is managed by BNY Mellon.