BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Sees Large Decrease in Short Interest

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) was the target of a large 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. Based on an average daily trading volume, of 79,231 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 79,231 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada grew its holdings in shares of BNY Mellon Concentrated International ETF by 811.8% during the first quarter. Royal Bank of Canada now owns 121,601 shares of the company’s stock valued at $5,811,000 after buying an additional 108,264 shares during the last quarter. Orion Porfolio Solutions LLC lifted its position 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 acquiring an additional 83,565 shares in the last quarter. Bank of America Corp DE boosted its stake in BNY Mellon Concentrated International ETF by 2,013.9% during 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 during the last quarter. Pathway Financial Advisors LLC increased its holdings in BNY Mellon Concentrated International ETF by 29.6% during the 3rd 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 in the last quarter. Finally, Harbor Group Inc. increased its holdings in BNY Mellon Concentrated International ETF by 4.2% during the 4th 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 Stock Performance

BNY Mellon Concentrated International ETF stock traded up $0.10 during mid-day trading on Friday, reaching $53.91. The stock had a trading volume of 161,245 shares, compared to its average volume of 31,065. BNY Mellon Concentrated International ETF has a fifty-two week low of $42.85 and a fifty-two week high of $54.14. The stock’s 50-day simple moving average is $52.72 and its 200-day simple moving average is $51.88. The firm has a market capitalization of $188.69 million, a PE ratio of 23.08 and a beta of 0.87.

BNY Mellon Concentrated International ETF Dividend Announcement

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

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.