BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Short Interest Update

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 34,437 shares, a growth of 1,818.5% from the March 31st total of 1,795 shares. Based on an average trading volume of 184,487 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.7% of the shares of the company are sold short.

BNY Mellon US Mid Cap Core Equity ETF Stock Performance

Shares of BKMC traded down $0.10 during mid-day trading on Friday, hitting $117.22. The company’s stock had a trading volume of 5,039 shares, compared to its average volume of 59,185. BNY Mellon US Mid Cap Core Equity ETF has a one year low of $91.74 and a one year high of $119.64. The firm has a market capitalization of $620.09 million, a PE ratio of 19.73 and a beta of 1.05. The stock’s 50-day moving average is $113.96 and its two-hundred day moving average is $111.94.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Diversify Wealth Management LLC raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 3.6% in the third quarter. Diversify Wealth Management LLC now owns 163,956 shares of the company’s stock valued at $17,659,000 after purchasing an additional 5,750 shares in the last quarter. Osaic Holdings Inc. raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 406.8% in the second quarter. Osaic Holdings Inc. now owns 14,135 shares of the company’s stock valued at $1,447,000 after purchasing an additional 11,346 shares in the last quarter. Flow Traders U.S. LLC raised its stake in shares of BNY Mellon US Mid Cap Core Equity ETF by 867.1% in the third quarter. Flow Traders U.S. LLC now owns 29,969 shares of the company’s stock valued at $3,252,000 after purchasing an additional 26,870 shares in the last quarter. Symphony Financial Ltd. Co. acquired a new position in shares of BNY Mellon US Mid Cap Core Equity ETF in the third quarter valued at $758,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of BNY Mellon US Mid Cap Core Equity ETF in the third quarter valued at $57,000.

About BNY Mellon US Mid Cap Core Equity ETF

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.