BNY Mellon International Equity ETF (NYSEARCA:BKIE) Shares Shorted: Short Interest Up 536.5% in September

BNY Mellon International Equity ETF (NYSEARCA:BKIE) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 171,338 shares, a growth of 536.5% from the September 15th total of 26,919 shares. Based on an average daily trading volume, of 127,969 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Trading of BNY Mellon International Equity ETF

A number of hedge funds have recently modified their holdings of BKIE. Farther Finance Advisors LLC boosted its position in shares of BNY Mellon International Equity ETF by 116.9% in the third quarter. Farther Finance Advisors LLC now owns 15,764 shares of the company’s stock worth $527,000 after buying an additional 8,495 shares during the period. Envestnet Asset Management Inc. raised its position in BNY Mellon International Equity ETF by 1.7% during the second quarter. Envestnet Asset Management Inc. now owns 63,759 shares of the company’s stock valued at $6,414,000 after buying an additional 1,086 shares during the period. Integrated Wealth Concepts LLC raised its position in 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 valued at $57,360,000 after buying an additional 23,995 shares during the period. XY Planning Network Inc. purchased a new stake in BNY Mellon International Equity ETF in the 2nd quarter worth about $476,000. Finally, Symphony Financial Ltd. Co. lifted its stake in 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 worth $1,066,000 after acquiring an additional 3,097 shares in the last quarter.

BNY Mellon International Equity ETF Stock Up 0.5%

Shares of BNY Mellon International Equity ETF stock traded up $0.17 during trading on Friday, hitting $33.10. The stock had a trading volume of 113,192 shares, compared to its average volume of 229,874. BNY Mellon International Equity ETF has a 1 year low of $28.96 and a 1 year high of $35.18. The stock has a 50 day simple moving average of $34.25 and a 200 day simple moving average of $33.33. The company has a market capitalization of $1.32 billion, a PE ratio of 16.44 and a beta of 0.79.

BNY Mellon International Equity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.1911 per share. This is a decrease from BNY Mellon International Equity ETF’s previous quarterly dividend of $0.8702. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.76 annualized dividend and a yield of 2.3%.

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.