BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) Short Interest Update

BNY Mellon Dynamic Value ETF (NYSEARCA:BKDV) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 218,212 shares, a decrease of 46.0% from the June 30th total of 404,053 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 415,612 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Clearstead Advisors LLC bought a new position in shares of BNY Mellon Dynamic Value ETF during the fourth quarter worth $29,000. Western Wealth Management LLC bought a new position in BNY Mellon Dynamic Value ETF during the first quarter valued at $52,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in BNY Mellon Dynamic Value ETF during the fourth quarter valued at approximately $55,000. Advisory Services Network LLC bought a new stake in shares of BNY Mellon Dynamic Value ETF in the 3rd quarter worth about $61,000. Finally, IFP Advisors Inc purchased a new stake in shares of BNY Mellon Dynamic Value ETF in the third quarter worth approximately $67,000.

BNY Mellon Dynamic Value ETF Trading Up 0.7%

BNY Mellon Dynamic Value ETF stock traded up $0.24 during mid-day trading on Thursday, hitting $33.70. The stock had a trading volume of 872,555 shares, compared to its average volume of 384,500. The firm’s 50 day moving average is $33.31 and its 200 day moving average is $31.59. The firm has a market capitalization of $1.77 billion, a P/E ratio of 19.68 and a beta of 0.73. BNY Mellon Dynamic Value ETF has a one year low of $26.07 and a one year high of $34.03.

About BNY Mellon Dynamic Value ETF

The BNY Mellon Dynamic Value ETF (BKDV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, focusing on value companies of any market-cap globally. The fund seeks capital growth through a bottom-up investment approach, prioritizing intrinsic value, strong fundamentals, and positive momentum BKDV was launched on Nov 1, 2024 and is issued by BNY Mellon.