BNY Mellon International Equity ETF (NYSEARCA:BKIE) Short Interest Update

BNY Mellon International Equity ETF (NYSEARCA:BKIE) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 40,705 shares, a decline of 17.0% from the December 31st total of 49,042 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 43,459 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 43,459 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BKIE. Birchbrook Inc. bought a new position in BNY Mellon International Equity ETF during the 3rd quarter worth approximately $25,000. CWM LLC purchased a new position in shares of BNY Mellon International Equity ETF during the fourth quarter valued at approximately $34,000. Tortoise Investment Management LLC purchased a new position in BNY Mellon International Equity ETF during the 3rd quarter valued at $38,000. Key Financial Inc increased its position in shares of BNY Mellon International Equity ETF by 38.2% during the second quarter. Key Financial Inc now owns 478 shares of the company’s stock valued at $41,000 after buying an additional 132 shares during the period. Finally, First Horizon Advisors Inc. purchased a new position in shares of BNY Mellon International Equity ETF during the 2nd quarter worth approximately $52,000.

BNY Mellon International Equity ETF Price Performance

NYSEARCA BKIE traded up $0.64 on Wednesday, reaching $98.15. 8,621 shares of the company’s stock traded hands, compared to its average volume of 57,459. The stock has a market cap of $1.21 billion, a PE ratio of 16.44 and a beta of 0.85. BNY Mellon International Equity ETF has a 12 month low of $68.09 and a 12 month high of $98.37. The stock has a 50-day simple moving average of $93.89 and a 200 day simple moving average of $90.36.

BNY Mellon International Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 29th were paid a $1.0429 dividend. This is a boost from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.52. This represents a $4.17 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, December 29th.

About BNY Mellon International Equity ETF

The BNY Mellon International Equity ETF (BKIE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a market-cap-weighted index of large-caps in the Developed Markets outside of US. BKIE was launched on Apr 24, 2020 and is managed by BNY Mellon.