BNY Mellon International Equity ETF (NYSEARCA:BKIE) Short Interest Down 70.9% in March

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the recipient of a large decrease in short interest in March. As of March 13th, there was short interest totaling 24,891 shares, a decrease of 70.9% from the February 26th total of 85,603 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 151,301 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

A number of hedge funds have recently made changes to their positions in BKIE. RPOA Advisors Inc. boosted its position in BNY Mellon International Equity ETF by 9.9% during the 3rd quarter. RPOA Advisors Inc. now owns 4,271,163 shares of the company’s stock worth $382,483,000 after purchasing an additional 385,468 shares during the period. Creative Financial Designs Inc. ADV raised its position in BNY Mellon International Equity ETF by 95.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 390,947 shares of the company’s stock valued at $35,009,000 after purchasing an additional 191,020 shares during the period. Wealth Forward LLC purchased a new position in BNY Mellon International Equity ETF in the third quarter valued at about $6,158,000. IFC & Insurance Marketing Inc. acquired a new position in shares of BNY Mellon International Equity ETF during the fourth quarter worth about $6,180,000. Finally, Jane Street Group LLC lifted its stake in shares of BNY Mellon International Equity ETF by 203.3% during the second quarter. Jane Street Group LLC now owns 94,364 shares of the company’s stock worth $8,131,000 after purchasing an additional 63,247 shares in the last quarter.

BNY Mellon International Equity ETF Price Performance

BKIE stock traded down $0.79 during midday trading on Friday, reaching $90.52. 35,626 shares of the company’s stock traded hands, compared to its average volume of 76,592. The company has a market capitalization of $1.12 billion, a P/E ratio of 16.44 and a beta of 0.85. BNY Mellon International Equity ETF has a fifty-two week low of $68.09 and a fifty-two week high of $101.87. The business has a 50-day moving average price of $96.90 and a two-hundred day moving average price of $93.04.

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.