BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) Short Interest Update

BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,266 shares, a decrease of 89.1% from the July 15th total of 11,584 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 58,179 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of BNY Mellon Ultra Short Income ETF

A number of hedge funds have recently bought and sold shares of the company. Western Wealth Management LLC purchased a new stake in shares of BNY Mellon Ultra Short Income ETF in the 4th quarter valued at $973,000. RPOA Advisors Inc. raised its position in BNY Mellon Ultra Short Income ETF by 896.0% during the 1st quarter. RPOA Advisors Inc. now owns 6,312,334 shares of the company’s stock valued at $314,260,000 after purchasing an additional 5,678,543 shares during the last quarter. PCG Wealth Advisors LLC increased its stake in shares of BNY Mellon Ultra Short Income ETF by 1.2% during the fourth quarter. PCG Wealth Advisors LLC now owns 34,762 shares of the company’s stock valued at $1,729,000 after buying an additional 423 shares during the period. Private Advisor Group LLC increased its stake in shares of BNY Mellon Ultra Short Income ETF by 11.3% during the first quarter. Private Advisor Group LLC now owns 18,920 shares of the company’s stock valued at $942,000 after buying an additional 1,915 shares during the period. Finally, Krilogy Financial LLC purchased a new stake in BNY Mellon Ultra Short Income ETF in the first quarter worth $397,000.

BNY Mellon Ultra Short Income ETF Trading Up 0.0%

BKUI stock traded up $0.02 during mid-day trading on Wednesday, hitting $49.65. 2,402 shares of the stock were exchanged, compared to its average volume of 92,490. The business has a fifty day moving average price of $49.67 and a 200 day moving average price of $49.73. BNY Mellon Ultra Short Income ETF has a 12 month low of $49.54 and a 12 month high of $49.96.

About BNY Mellon Ultra Short Income ETF

The BNY Mellon Ultra Short Income ETF (BKUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed portfolio of investment-grade, USD-denominated fixed income securities with an ultra-short effective duration. The fund aims for high income and low volatility. BKUI was launched on Aug 9, 2021 and is managed by BNY Mellon.