Short Interest in BNY Mellon International Equity ETF (NYSEARCA:BKIE) Expands By 904.0%

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 412,246 shares, a growth of 904.0% from the July 15th total of 41,061 shares. Currently, 1.1% of the company’s stock are sold short. Based on an average trading volume of 206,480 shares, the days-to-cover ratio is presently 2.0 days.

BNY Mellon International Equity ETF Price Performance

Shares of NYSEARCA BKIE traded up $0.02 during trading on Tuesday, hitting $34.80. The stock had a trading volume of 77,145 shares, compared to its average volume of 259,099. The firm has a fifty day moving average of $33.52 and a two-hundred day moving average of $32.83. The company has a market capitalization of $1.34 billion, a PE ratio of 16.44 and a beta of 0.79. BNY Mellon International Equity ETF has a 12 month low of $28.69 and a 12 month high of $35.18.

Institutional Investors Weigh In On BNY Mellon International Equity ETF

A number of institutional investors have recently added to or reduced their stakes in BKIE. MGO One Seven LLC increased its stake in BNY Mellon International Equity ETF by 6.0% in the 4th quarter. MGO One Seven LLC now owns 457,785 shares of the company’s stock valued at $42,373,000 after buying an additional 26,029 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its stake in shares of BNY Mellon International Equity ETF by 5.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 410,898 shares of the company’s stock worth $38,033,000 after buying an additional 19,951 shares during the last quarter. LPL Financial LLC boosted its stake in shares of BNY Mellon International Equity ETF by 9.7% in the 4th quarter. LPL Financial LLC now owns 334,531 shares of the company’s stock worth $30,964,000 after buying an additional 29,469 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of BNY Mellon International Equity ETF by 2.7% in the fourth quarter. Bank of New York Mellon Corp now owns 232,351 shares of the company’s stock valued at $21,506,000 after acquiring an additional 6,105 shares in the last quarter. Finally, Osaic Holdings Inc. grew its holdings in shares of BNY Mellon International Equity ETF by 7.1% in the fourth quarter. Osaic Holdings Inc. now owns 154,361 shares of the company’s stock valued at $14,293,000 after acquiring an additional 10,192 shares in 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.