BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) Sees Significant Drop in Short Interest

BNY Mellon US Small Cap Core Equity ETF (NYSEARCA:BKSE) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 1,575 shares, a decline of 80.7% from the July 15th total of 8,150 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 7,478 shares, the days-to-cover ratio is currently 0.2 days.

BNY Mellon US Small Cap Core Equity ETF Trading Up 0.5%

Shares of BNY Mellon US Small Cap Core Equity ETF stock traded up $0.21 during trading on Thursday, reaching $45.69. The company’s stock had a trading volume of 14,777 shares, compared to its average volume of 7,880. The stock has a 50-day moving average price of $44.11 and a two-hundred day moving average price of $41.50. BNY Mellon US Small Cap Core Equity ETF has a one year low of $34.45 and a one year high of $46.02. The stock has a market capitalization of $90.47 million, a P/E ratio of 15.47 and a beta of 1.06.

Institutional Investors Weigh In On BNY Mellon US Small Cap Core Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BKSE. Bank of New York Mellon Corp lifted its position in shares of BNY Mellon US Small Cap Core Equity ETF by 31.1% during the first quarter. Bank of New York Mellon Corp now owns 170,437 shares of the company’s stock worth $19,415,000 after purchasing an additional 40,391 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of BNY Mellon US Small Cap Core Equity ETF by 1.8% in the fourth quarter. Royal Bank of Canada now owns 41,355 shares of the company’s stock valued at $4,652,000 after purchasing an additional 713 shares in the last quarter. LPL Financial LLC increased its holdings in shares of BNY Mellon US Small Cap Core Equity ETF by 3.7% in the fourth quarter. LPL Financial LLC now owns 19,125 shares of the company’s stock valued at $2,152,000 after purchasing an additional 688 shares in the last quarter. Citadel Advisors LLC raised its position in BNY Mellon US Small Cap Core Equity ETF by 148.5% in the 3rd quarter. Citadel Advisors LLC now owns 15,956 shares of the company’s stock worth $1,758,000 after purchasing an additional 9,534 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new position in BNY Mellon US Small Cap Core Equity ETF in the 1st quarter worth approximately $1,528,000.

BNY Mellon US Small Cap Core Equity ETF Company Profile

The BNY Mellon US Small Cap Core Equity ETF (BKSE) is an exchange-traded fund that is based on the Morningstar US Small Cap index, a market-cap-weighted index of small-cap stocks that cover the bottom 3-10% capitalization of the US equity market. BKSE was launched on Apr 9, 2020 and is managed by BNY Mellon.