BNY Mellon International Equity ETF (NYSEARCA:BKIE) Short Interest Down 98.4% in April

BNY Mellon International Equity ETF (NYSEARCA:BKIE) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 22,884 shares, a decline of 98.4% from the April 15th total of 1,473,636 shares. Based on an average daily volume of 54,763 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

BNY Mellon International Equity ETF Stock Down 1.2%

BKIE traded down $1.24 during trading on Tuesday, reaching $98.15. 4,316 shares of the company were exchanged, compared to its average volume of 106,306. BNY Mellon International Equity ETF has a 12-month low of $81.05 and a 12-month high of $101.87. The company’s 50-day moving average is $95.94 and its two-hundred day moving average is $94.64. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 16.44 and a beta of 0.79.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. boosted its position in shares of BNY Mellon International Equity ETF by 13.5% during the 2nd quarter. Raymond James Financial Inc. now owns 11,270 shares of the company’s stock valued at $971,000 after acquiring an additional 1,342 shares during the last quarter. Jane Street Group LLC lifted its position in 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 valued at $8,131,000 after purchasing an additional 63,247 shares during the last quarter. Capital Investment Advisors LLC grew its stake in BNY Mellon International Equity ETF by 103.7% in the 3rd quarter. Capital Investment Advisors LLC now owns 12,375 shares of the company’s stock worth $1,108,000 after buying an additional 6,300 shares in the last quarter. MGO One Seven LLC grew its stake in BNY Mellon International Equity ETF by 5.2% in the 3rd quarter. MGO One Seven LLC now owns 431,756 shares of the company’s stock worth $38,664,000 after buying an additional 21,215 shares in the last quarter. Finally, Flagship Wealth Advisors LLC increased its holdings in shares of BNY Mellon International Equity ETF by 12.7% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 52,399 shares of the company’s stock worth $4,692,000 after buying an additional 5,891 shares during the last quarter.

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.