BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) Short Interest Update

BNY Mellon Concentrated International ETF (NYSEARCA:BKCI) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 2,817 shares, an increase of 43.1% from the December 31st total of 1,969 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 9,499 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 9,499 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BKCI. Harbor Group Inc. raised its stake in shares of BNY Mellon Concentrated International ETF by 4.2% in the 4th quarter. Harbor Group Inc. now owns 944,276 shares of the company’s stock valued at $48,696,000 after acquiring an additional 37,818 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in BNY Mellon Concentrated International ETF by 67.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 207,294 shares of the company’s stock valued at $10,288,000 after purchasing an additional 83,565 shares during the period. Pathway Financial Advisors LLC raised its stake in BNY Mellon Concentrated International ETF by 10.0% during the 4th quarter. Pathway Financial Advisors LLC now owns 198,707 shares of the company’s stock valued at $10,454,000 after purchasing an additional 17,996 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of BNY Mellon Concentrated International ETF by 6.6% during the 3rd quarter. HighTower Advisors LLC now owns 150,072 shares of the company’s stock worth $7,733,000 after purchasing an additional 9,254 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of BNY Mellon Concentrated International ETF by 811.8% during the 1st quarter. Royal Bank of Canada now owns 121,601 shares of the company’s stock worth $5,811,000 after purchasing an additional 108,264 shares during the period.

BNY Mellon Concentrated International ETF Price Performance

BNY Mellon Concentrated International ETF stock traded up $0.37 during trading hours on Monday, hitting $52.90. The company had a trading volume of 4,406 shares, compared to its average volume of 8,262. BNY Mellon Concentrated International ETF has a fifty-two week low of $42.85 and a fifty-two week high of $53.72. The firm has a market capitalization of $185.15 million, a P/E ratio of 23.08 and a beta of 0.87. The firm’s fifty day moving average is $52.26 and its 200-day moving average is $51.63.

BNY Mellon Concentrated International ETF Dividend Announcement

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

BNY Mellon Concentrated International ETF Company Profile

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.