Short Interest in BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Declines By 83.1%

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 447 shares, a decrease of 83.1% from the January 29th total of 2,645 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 79,231 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 79,231 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

BNY Mellon Concentrated International ETF Trading Up 0.6%

Shares of BNY Mellon Concentrated International ETF stock traded up $0.30 during trading on Wednesday, reaching $53.96. The company’s stock had a trading volume of 43,691 shares, compared to its average volume of 28,267. The company has a 50-day moving average price of $52.64 and a two-hundred day moving average price of $51.84. BNY Mellon Concentrated International ETF has a fifty-two week low of $42.85 and a fifty-two week high of $53.99. The firm has a market cap of $188.86 million, a PE ratio of 23.08 and a beta of 0.87.

BNY Mellon Concentrated International ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were paid a $0.7157 dividend. The ex-dividend date was Monday, December 29th. This represents a dividend yield of 138.0%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BKCI. Royal Bank of Canada lifted its position in shares of BNY Mellon Concentrated International ETF by 811.8% during the 1st quarter. Royal Bank of Canada now owns 121,601 shares of the company’s stock valued at $5,811,000 after acquiring an additional 108,264 shares during the period. Orion Porfolio Solutions LLC increased its stake in BNY Mellon Concentrated International ETF by 67.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 207,294 shares of the company’s stock valued at $10,288,000 after purchasing an additional 83,565 shares in the last quarter. Bank of America Corp DE increased its stake in BNY Mellon Concentrated International ETF by 2,013.9% in the 2nd quarter. Bank of America Corp DE now owns 43,926 shares of the company’s stock valued at $2,256,000 after purchasing an additional 41,848 shares in the last quarter. Pathway Financial Advisors LLC raised its holdings in BNY Mellon Concentrated International ETF by 29.6% during the third quarter. Pathway Financial Advisors LLC now owns 180,711 shares of the company’s stock worth $9,311,000 after purchasing an additional 41,229 shares during the last quarter. Finally, Harbor Group Inc. boosted its position in BNY Mellon Concentrated International ETF by 4.2% during the fourth quarter. Harbor Group Inc. now owns 944,276 shares of the company’s stock worth $48,696,000 after purchasing an additional 37,818 shares in the last quarter.

BNY Mellon Concentrated International ETF Company Profile

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.