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

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 12,503 shares, a growth of 672.7% from the December 31st total of 1,618 shares. Based on an average daily volume of 3,107 shares, the short-interest ratio is currently 4.0 days. Currently, 2.3% of the shares of the stock are short sold. Currently, 2.3% of the shares of the stock are short sold. Based on an average daily volume of 3,107 shares, the short-interest ratio is currently 4.0 days.

Hedge Funds Weigh In On BNY Mellon US Small Cap Core Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. bought a new position in BNY Mellon US Small Cap Core Equity ETF in the 2nd quarter valued at approximately $81,000. Elm3 Financial Group LLC acquired a new position in BNY Mellon US Small Cap Core Equity ETF in the 4th quarter valued at approximately $200,000. Fifth Third Wealth Advisors LLC bought a new position in shares of BNY Mellon US Small Cap Core Equity ETF during the third quarter valued at $265,000. Park Avenue Securities LLC acquired a new position in shares of BNY Mellon US Small Cap Core Equity ETF during the second quarter worth $270,000. Finally, Osaic Holdings Inc. grew its stake in shares of BNY Mellon US Small Cap Core Equity ETF by 11.4% in the second quarter. Osaic Holdings Inc. now owns 4,866 shares of the company’s stock worth $486,000 after purchasing an additional 496 shares during the last quarter.

BNY Mellon US Small Cap Core Equity ETF Price Performance

BKSE traded down $0.51 on Wednesday, hitting $119.12. 3,699 shares of the stock were exchanged, compared to its average volume of 2,750. The firm has a market capitalization of $65.52 million, a price-to-earnings ratio of 15.47 and a beta of 1.11. BNY Mellon US Small Cap Core Equity ETF has a 12 month low of $79.54 and a 12 month high of $124.00. The business has a 50-day moving average of $115.48 and a two-hundred day moving average of $110.31.

BNY Mellon US Small Cap Core Equity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were given a dividend of $0.4435 per share. The ex-dividend date was Monday, December 29th. This represents a $1.77 annualized dividend and a dividend yield of 1.5%. This is a positive change from BNY Mellon US Small Cap Core Equity ETF’s previous quarterly dividend of $0.40.

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.