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

BNY Mellon International Equity ETF (NYSEARCA:BKIE) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 26,919 shares, a decrease of 91.6% from the August 31st total of 321,976 shares. Based on an average trading volume of 108,830 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of BKIE. Envestnet Asset Management Inc. raised its stake in BNY Mellon International Equity ETF by 1.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 63,759 shares of the company’s stock worth $6,414,000 after acquiring an additional 1,086 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of BNY Mellon International Equity ETF by 4.4% during the second quarter. Integrated Wealth Concepts LLC now owns 570,178 shares of the company’s stock worth $57,360,000 after purchasing an additional 23,995 shares in the last quarter. XY Planning Network Inc. acquired a new stake in shares of BNY Mellon International Equity ETF during the second quarter worth about $476,000. Symphony Financial Ltd. Co. lifted its holdings in shares of BNY Mellon International Equity ETF by 41.1% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 10,625 shares of the company’s stock valued at $1,066,000 after purchasing an additional 3,097 shares during the last quarter. Finally, Arlington Trust Co LLC purchased a new stake in shares of BNY Mellon International Equity ETF in the 2nd quarter valued at about $101,000.

BNY Mellon International Equity ETF Trading Up 0.7%

BKIE stock traded up $0.25 during trading on Friday, hitting $33.94. 67,848 shares of the company’s stock were exchanged, compared to its average volume of 232,314. The business has a 50-day moving average price of $34.27 and a two-hundred day moving average price of $33.19. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 16.44 and a beta of 0.79. BNY Mellon International Equity ETF has a 52-week low of $28.96 and a 52-week high of $35.18.

BNY Mellon International Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.8702 per share. The ex-dividend date was Wednesday, July 1st. This represents a $3.48 annualized dividend and a dividend yield of 10.3%. This is a boost from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.7629.

BNY Mellon International Equity ETF Company Profile

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.