BNY Mellon International Equity ETF (NYSEARCA:BKIE) Short Interest Update

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 260,766 shares, a decrease of 36.7% from the July 30th total of 412,246 shares. Based on an average trading volume of 106,048 shares, the days-to-cover ratio is presently 2.5 days. Approximately 0.7% of the company’s stock are short sold.

BNY Mellon International Equity ETF Price Performance

BKIE opened at $34.31 on Wednesday. The company’s 50-day moving average is $33.96 and its 200 day moving average is $33.06. BNY Mellon International Equity ETF has a fifty-two week low of $28.69 and a fifty-two week high of $35.18. The firm has a market capitalization of $1.32 billion, a P/E ratio of 16.44 and a beta of 0.79.

Hedge Funds Weigh In On BNY Mellon International Equity ETF

Several hedge funds have recently modified their holdings of BKIE. Raymond James Financial Inc. grew its holdings in shares of BNY Mellon International Equity ETF by 13.5% in the second quarter. Raymond James Financial Inc. now owns 11,270 shares of the company’s stock valued at $971,000 after acquiring an additional 1,342 shares in the last quarter. Jane Street Group LLC grew its position in BNY Mellon International Equity ETF by 203.3% during the second quarter. Jane Street Group LLC now owns 94,364 shares of the company’s stock valued at $8,131,000 after buying an additional 63,247 shares during the period. Private Advisor Group LLC increased its holdings in BNY Mellon International Equity ETF by 15.9% during the third quarter. Private Advisor Group LLC now owns 4,645 shares of the company’s stock worth $416,000 after buying an additional 637 shares during the last quarter. Bank of America Corp DE raised its position in BNY Mellon International Equity ETF by 90.5% in the third quarter. Bank of America Corp DE now owns 16,872 shares of the company’s stock worth $1,511,000 after acquiring an additional 8,013 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in BNY Mellon International Equity ETF by 497.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 43,152 shares of the company’s stock worth $3,864,000 after acquiring an additional 35,929 shares during the period.

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.