Short Interest in BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Expands By 763.8%

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 3,861 shares, an increase of 763.8% from the February 12th total of 447 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 27,883 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 27,883 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On BNY Mellon Concentrated International ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sanctuary Advisors LLC increased its holdings in BNY Mellon Concentrated International ETF by 1.8% during the fourth quarter. Sanctuary Advisors LLC now owns 22,953 shares of the company’s stock valued at $1,184,000 after buying an additional 409 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in BNY Mellon Concentrated International ETF during the third quarter valued at about $67,000. JPMorgan Chase & Co. raised its holdings in BNY Mellon Concentrated International ETF by 1.2% during the fourth quarter. JPMorgan Chase & Co. now owns 108,931 shares of the company’s stock valued at $5,618,000 after acquiring an additional 1,338 shares during the period. Kestra Advisory Services LLC bought a new stake in BNY Mellon Concentrated International ETF during the 4th quarter valued at approximately $75,000. Finally, Jane Street Group LLC lifted its holdings in shares of BNY Mellon Concentrated International ETF by 9.1% in the second quarter. Jane Street Group LLC now owns 45,374 shares of the company’s stock worth $2,330,000 after buying an additional 3,794 shares in the last quarter.

BNY Mellon Concentrated International ETF Stock Down 0.3%

BNY Mellon Concentrated International ETF stock traded down $0.15 during midday trading on Tuesday, reaching $50.94. The stock had a trading volume of 4,509 shares, compared to its average volume of 33,055. BNY Mellon Concentrated International ETF has a 12 month low of $42.85 and a 12 month high of $54.14. The firm’s 50-day moving average price is $52.61 and its 200 day moving average price is $51.94. The firm has a market capitalization of $178.29 million, a PE ratio of 23.08 and a beta of 0.87.

BNY Mellon Concentrated International ETF Dividend Announcement

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

About BNY Mellon Concentrated International ETF

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.